News Highlights: Top Company News of the Day
March 28 2023 - 05:15AM
Dow Jones News
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
Salesforce Shakes Off Proxy Fight From Elliott
The activist investor says it was swayed by the
business-software provider's latest financial results and
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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