News Highlights: Top Company News of the Day
Nvidia Is Still a 'Buy' on Wall Street
Analysts have raced to boost their price targets on the chip
maker's stock after the company's market value gained $650 billion
Exxon, Chevron Near Deals to Drill in Gas-Rich Algeria
The North African nation's vast reserves and proximity to Europe
make it attractive to the U.S. drillers that have huge cash troves
The RV Boom Is Over, But These Stocks Promise a Sweet Ride
Sales of recreational vehicles are way off their pandemic peak,
but the industry won't be in the breakdown lane for long.
Twitter's Top Content Moderation and Safety Executive Leaves
Ella Irwin, who declined to discuss her reason for leaving,
departed on a day when Elon Musk said Twitter employees erred in
how they handled a documentary.
Judge in Disney-DeSantis Case Recuses Himself
U.S. District Judge Mark Walker said that a relative owned 30
shares of Disney stock.
Meta Requires Office Workers to Return Three Days a Week
The change will take effect Sept. 5 for employees already
assigned to an office, while remote workers' status won't change,
the company said.
Diamond Sports Is Denied Discount on MLB Broadcast Rights
A bankruptcy judge won't reduce the broadcast company's fees to
pro baseball's Diamondbacks, Twins, Guardians and Rangers.
Dollar General: No Longer Downturn-Proof
Pinched lower-income consumers are cutting back, and
middle-class ones aren't trading down enough.
Rio Tinto to Spend $395 Million on Australia Desalination Plant
Rio Tinto said it plans to invest in a seawater desalination
plant in the Pilbara region of Western Australia, where it runs
massive iron-ore mining operations.
Boeing Delays Astronaut Flight After New Safety Problems Emerge
The aerospace giant postponed the first crewed mission of
Starliner, a space vehicle it has been struggling to prepare for
human flight for years.
(END) Dow Jones Newswires
June 02, 2023 07:15 ET (11:15 GMT)
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