News Highlights: Top Company News of the Day
June 07 2023 - 05:30AM
Dow Jones News
Mercedes Teams Up With Green Steelmaker to Slash Emissions
In addition to securing supply for Mercedes's European factories
over the coming years, the companies have also agreed to explore
potential steel production in North America.
Longtime CEO of Guinness Maker Diageo Dies at 63
Ivan Menezes is credited with growing the drinks company
significantly since he became CEO in July 2013, with Diageo now
selling around 200 brands in more than 180 markets.
U.S. Nears Deal to Produce GE Jet-Fighter Engine in India
The two nations are working to meet the threat from China and
reduce New Delhi's dependence on Russia for military equipment.
The Global Brands Coming to a Mall Near You
American consumers have long been renowned for their spending
power. Now global retailers want a bigger slice of the action.
STMicroelectronics, Sanan Join Forces in China
STMicroelectronics and Sanan Optoelectronics said they are
forming a semiconductor-manufacturing joint venture in China, with
$3.2 billion in total build-out funding.
Commonwealth Bank of Australia Restricts Staff From Using ChatGPT
EXCLUSIVE: Australia's largest lender, Commonwealth Bank of
Australia, has restricted its employees from using popular
artificial-intelligence chatbot ChatGPT, instead setting up and
operating its own in-house system.
Top CNN Anchors Criticize CEO Chris Licht's Leadership
Jake Tapper, Erin Burnett and Anderson Cooper are among the
personalities voicing concerns about embattled chief executive.
PGA Tour Deal With LIV Golf Puts Sponsors on the Spot
Sponsors and other companies affiliated with the PGA Tour will
face a reckoning in the wake of the golf powerhouse's decision to
combine with the Saudi-backed upstart LIV Golf, marketing
executives said.
Indian Education-Tech Firm Byju's Sues Lenders That Seek to Enforce Default
Byju's, backed by a number of high-profile investors, alleges
lenders concocted bogus default claims to take control of the
company
Judge Punts on Legality of Decentralized Finance Protocol PoolTogether
More than a year and a half after a user of the decentralized
finance protocol PoolTogether brought a lawsuit challenging its
legality, a federal judge in New York on Tuesday said questions it
raised should be handled in state court.
(END) Dow Jones Newswires
June 07, 2023 05:15 ET (09:15 GMT)
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