Microsoft-Activision Deal Gets Lift as U.K. Narrows Probe 
 

The U.K.'s top competition authority said it was narrowing the scope of its probe into the $75 billion deal, saying that it no longer is concerned that it could lessen competition in console gaming.

 
Deutsche Bank Stock Tumbles on Contagion Fears 
 

The selloff thrusts one of Europe's most important lenders into the center of concerns about the health of global financial system.

 
Ally Financial Names Goldman Sachs Executive as Next CFO 
 

Russell Hutchinson, COO for global mergers and acquisitions at Goldman Sachs, will join the digital-bank operator and auto lender as finance chief in July.

 
Twitter to Remove Legacy Blue Check Marks Starting April 1 
 

Only paying users will be verified once the change is implemented.

 
Marlboro Maker Plots Life After Juul 
 

Altria has a new plan to shift its business toward less-harmful products, after a string of failures-and says this time it will work.

 
Axios's Software Business Raises Cash to Fund AI Expansion 
 

The CEO says the plan is to build new artificial-intelligence-powered communication tools with the help of ChatGPT creator OpenAI.

 
Ford to Build 500,000 EV Trucks a Year at Tennessee Plant 
 

The U.S. auto maker revealed the target, along with plans to make its next-generation EV truck at a new factory site in Tennessee, which starts production in 2025.

 
South Korea's LG Energy to Build $5.6 Billion Battery Plant in Arizona 
 

The facility is the latest in a string of new plants by foreign companies as the U.S. transitions toward cleaner fuels.

 
Toshiba Shareholders Draw the Short Stick, Again 
 

Toshiba's sale was supposed to be a bookend to years of corporate governance reforms in Japan.

 
China-Based Managers Gain More Autonomy in Global Companies 
 

Multinationals are concluding that to compete in China, it helps to have leadership and decision makers there.

(END) Dow Jones Newswires

March 24, 2023 13:15 ET (17:15 GMT)