News Highlights: Top Company News of the Day
March 31 2023 - 01:30PM
Dow Jones News
China Opens Cybersecurity Probe of Micron Amid Competition With U.S. Over Technology
The move is likely to put global firms operating in China
further on edge at a time of escalating tension between Beijing and
Justice Department, EPA Sue Norfolk Southern
Government alleges that East Palestine, Ohio train derailment
discharged hazardous substances that violate the Clean Water
ChatGPT Banned in Italy Over Data-Privacy Concerns
Italy's regulator ordered a temporary ban on OpenAI's ChatGPT,
saying the chatbot has improperly collected and stored
JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
The Chinese e-commerce giant said it plans to spin off the two
businesses through separate listings.
Bed Bath & Beyond stock sinks to record low after sales warning, large equity offering
Bed Bath & Beyond stock tumbles after the company warns of a
big sales miss and launches a large stock offering.
Huawei's Meng Steps Closer to U.S.-China Tech-War Front Line
Meng Wanzhou, the telecom company's finance chief, is set to
serve as rotating chairwoman, 18 months after securing her freedom
in a prisoner swap.
Merdeka Battery Materials on Track to Price IPO at Top of Range
Nickel miner Merdeka Battery Materials is likely to price its
initial public offering at the top of its guided range, putting it
on track to raise about $581 million in what would be Indonesia's
third-largest listing this year.
Ford Raises Price Again on Electric F-150 Lightning Truck
Auto maker has resumed full production of the truck after
addressing a battery issue.
Virgin Orbit to Cut Workforce by 85%
The satellite-launch company is cutting expenses after failing
to secure meaningful funding.
Fed, Treasury Fine Wells Fargo for Sanctions Violations
The $97.8 million fine is for violating U.S. sanctions by
allowing a foreign bank to make prohibited transactions.
(END) Dow Jones Newswires
March 31, 2023 13:15 ET (17:15 GMT)
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