Facebook Parent Plans Lower Bonus Payouts for Some Staff 

Meta Platforms plans to adjust its performance review process, saying it is "optimizing" for the year ahead.

Binance Sued by CFTC Over Evading U.S. Rules 

The agency alleges the operator of the crypto exchange violated U.S. rules that require futures and other derivatives to be traded on regulated platforms.

Disney Eliminates Its Metaverse Division as Part of Layoffs Plan 

The unit, once seen as developing a new form of storytelling, had about 50 employees.

Lyft Hires New CEO as Founders Step Back 

David Risher, board member since 2021, will succeed co-founder Logan Green, as Lyft faces tough competition from Uber and a battered stock price.

CNN Finalizing Deal to Add Gayle King 

Basketball commentator Charles Barkley also in the mix as a potential host.

Salesforce Shakes Off Proxy Fight From Elliott 

The activist investor says it was swayed by the business-software provider's latest financial results and cost-cutting.

Microsoft, Google, Amazon Look to Generative AI to Lift Cloud Businesses 

The cloud providers are using the tech behind ChatGPT to heat up demand for their services.

Deutsche Bank Stock Price Rebounds Even as Worries Persist 

The lender sought to reassure investors with a refreshed presentation of financial numbers.

Carnival's Ship Will Come In Eventually 

The leading cruise line's recovery is delayed amid a mountain of debt, but it has a path to profitability.

Brookfield Renewable Enters Australian Renewable Energy Market with Origin Energy Deal 

Brookfield said Origin Energy is critical to Australia's energy transition and energy security.


(END) Dow Jones Newswires

March 28, 2023 05:00 ET (09:00 GMT)

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