News Highlights: Top Company News of the Day
Meta Reveals Twitter Competitor Planned as Stand-Alone App
Separately, Chief Executive Mark Zuckerberg criticized Apple's
Vision Pro headset, saying Meta has tried to make products
GM EV Owners to Tap Tesla's Supercharger Network
The Detroit automaker said it would adopt Tesla's charge-port
hardware on future models.
AstraZeneca Enters Pact with Cell Therapy Startup
AstraZeneca will pay Quell Therapeutics $85 million upfront for
it to help develop treatments for autoimmune diseases, and further
payments of more than $2 billion for future development and
commercial milestones and royalties.
UBS inks pact with Swiss government as Credit Suisse deal may close next week
UBS said it's signed a loss protection agreement with the Swiss
government covering up to 9 billion francs ($10 billion) of losses
once the takeover of Credit Suisse is completed.
Dassault Systems Outlines Midterm Targets; Names New CEO
Dassault Systemes forecast double-digit revenue growth and
earnings of EUR2.2-EUR2.4 a share in 2028, as the software company
named Pascal Daloz as its new CEO effective the beginning of next
DocuSign Shares Climb With Turnaround Efforts Under Way
The e-signature company has cut jobs and changed leadership in
response to slower growth.
Carvana Shares Jump More Than 50% as Company's Profit Outlook Improves
The online used-car retailer says its cost-cutting efforts are
Wildfire Smoke Boosts N95 Mask Demand
Health officials recommended N95 masks to protect against smoke
inhalation. 3M, Grainger and Lowe's are responding to the
GameStop's Silence Is No Longer Golden
Weak results and a surprise CEO firing call for an explanation
as Ryan Cohen takes full charge of the company.
Supreme Court Says Jack Daniel's Can Sue Maker of 'Bad Spaniels' Dog Toy
The Supreme Court said the distiller of Jack Daniel's whiskey
could pursue a trademark claim against the maker of Bad Spaniels, a
dog toy resembling a famous liquor bottle.
(END) Dow Jones Newswires
June 09, 2023 05:15 ET (09:15 GMT)
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