News Highlights: Top Company News of the Day
Campbell Soup Beats Earnings Estimates. Why the Stock Is Tumbling Anyway.
Campbell Soup issues earnings guidance for its fiscal year below
Wall Street estimates.
CNN CEO Chris Licht Is Out
CNN parted ways with Chief Executive Chris Licht, ending a
tenure of a little over a year that was marked by a series of
Tesla's stock rises toward longest winning streak in more than 2 years
Investors have been piling into Tesla Inc.'s stock as it rallies
toward its longest winning streak since January 2021.
Serta Simmons Defeats Holdout Lenders to Seal Chapter 11 Restructuring
A bankruptcy judge upholds the bedding maker's disputed 2020
debt deal, handing control to majority lenders.
Instagram Connects Vast Pedophile Network
The Meta unit's systems for fostering communities have guided
users to child-sex content; company says it is improving internal
Volvo Rolls Out All-Electric SUV Aimed at First-Time Buyers
The company hopes the new SUV can help it address one of the
biggest challenges automakers face: To meet ambitious EV goals,
they have to offer more affordable cars.
Lawmakers Try Again to Curb Visa, Mastercard Fees, With Broader Support
U.S. lawmakers plan to re-up proposed legislation that would
give merchants the power to process many credit cards over
Wealthfront Launches Robo for Bonds
There is growing investor demand for one of the most boring
Sequoia Faces Up to the New U.S.-China Reality
The storied venture-capital firm's split speaks volumes about
how quickly bilateral trust has evaporated.
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.
(END) Dow Jones Newswires
June 07, 2023 11:00 ET (15:00 GMT)
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