News Highlights: Top Company News of the Day
March 29 2023 - 07:30AM
Dow Jones News
GameStop Decides It Likes Stores After All
Videogame retailer, the original meme stock, hits brakes on
e-commerce push to refocus on its 4,400 bricks-and-mortar
Adidas to Drop Opposition to Black Lives Matter's Three-Stripe Logo
The German sportswear company had challenged the campaign
group's bid to trademark its logo, saying the design was too
similar to its own.
For Alibaba, Six Is Bigger Than One-And a Smaller Target
There are good reasons to think that a split-up Alibaba would be
more valuable. In this case, politics and profits are pointing in
the same direction.
UBS Brings Back Former CEO After Credit Suisse Deal
Sergio Ermotti, who previously ran UBS for nine years, will
return as the Swiss bank moves into a new era following the $3.2
Micron Revives Some of Its Worst Memories
The memory-chip maker is now losing billions as it writes down
inventory to wait out downturn.
Jamie Dimon to Face Questioning in Lawsuit Over JPMorgan's Epstein Ties
The bank had resisted the U.S. Virgin Islands' efforts to force
the CEO to submit to a deposition.
EV Startup Lucid Cuts 18% of Workforce, Including Some Executives
The maker of high-end electric cars plans to lay off about 1,300
Lululemon's stock soars 13% on revenue, earnings beat
Lululemon Athletica Inc.'s stock vaulted more than 13% in
extended trading Tuesday after the clothing retailer reported
quarterly results that topped analyst revenue and earnings
estimates, and offered strong full-year revenue guidance.
Cal-Maine Foods profit jumps eightfold, revenue more than doubles as egg prices rise
Prices for eggs rose significantly and avian bird flu continued
to affect egg production, but Cal-Maine beat Wall Street
Sam Bankman-Fried Charged With Bribing Chinese Officials
Prosecutors accused the FTX founder of conspiring to pay off
Chinese officials to regain access to more than $1 billion in
(END) Dow Jones Newswires
March 29, 2023 07:15 ET (11:15 GMT)
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