News Highlights: Top Company News of the Day
March 29 2023 - 11:30AM
Dow Jones News
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
AMC's stock jumps, but Amazon unlikely to acquire theater chain, analyst says
Amazon would be better off buying a piece of Cineworld,
according to Wedbush analyst Alicia Reese.
Billions in Signature Bank Debt to Be Sold by Newmark
FDIC to tap the real-estate firm to market about $60 billion in
the failed lender's loans, adding pressure the commercial property
Starbucks's Schultz to Testify About Negotiations With Unions
Howard Schultz, who stepped down as CEO this month, is expected
to defend the coffee chain against accusations it has retaliated
against pro-union workers.
AI Experts Call for Pause in Technology's Development
Tesla CEO Elon Musk and AI pioneer Yoshua Bengio are among those
who want a moratorium of at least six months to set safety
standards and head off potential harms.
Macy's CEO to Retire, Give Reins to Bloomingdale's Boss
The transition comes at a time of upheaval for retailers as high
inflation pinches consumers and pushes up manufacturing costs.
Exxon's Climate Opponents Were Infiltrated by Massive Hacking-for-Hire Operation
A charity created by some Rockefeller heirs is among the groups
targeted by hackers. The oil giant hasn't been accused of
Credit Suisse Violated Plea Deal in Tax Case, Senate Report Says
The Swiss bank, which is in the process of being taken over by
UBS, failed to disclose transfers linked to an ongoing tax
conspiracy, according to the Senate investigation.
Ryan Cohen's Grand Plans for GameStop Keep Shrinking
Videogame retailer, the original meme stock, hits brakes on
e-commerce push to refocus on its 4,400 bricks-and-mortar
Dreaded Medical Paperwork Is About to Be Scaled Back
Prior authorization has generated so much resentment in recent
years that some health insurers have been making tweaks.
(END) Dow Jones Newswires
March 29, 2023 11:15 ET (15:15 GMT)
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