financetom
Business
financetom
/
Business
/
PRESS DIGEST- Wall Street Journal - April 4
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST- Wall Street Journal - April 4
Apr 3, 2024 11:06 PM

April 4 (Reuters) - The following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

- Members of Paramount Global's ( PARAA ) board agreed to

enter exclusive merger discussions with Skydance, favoring it

over a recent $26 billion all-cash offer from private-equity

firm Apollo Global Management ( APO ).

- Walt Disney ( DIS ) defeated activist shareholder Nelson

Peltz in a bruising fight for influence in the entertainment

giant's boardroom, handing Chief Executive Bob Iger a major

victory over one of Wall Street's most aggressive investors.

- Electric-vehicle maker Fisker ( FSRN ) said it would

withdraw all financial and operational guidance for 2024 as the

company's evaluation of strategic alternatives continues.

- Amazon.com ( AMZN ) is slashing hundreds of jobs from its

cloud-computing business, the tech giant's latest round of

layoffs as it aims to cut costs.

- Supermarket chain Carrefour and PepsiCo ( PEP )

said they had reached a deal for PepsiCo ( PEP ) products to

return to stores in France.

- EV maker Tesla is raising compensation for

its artificial intelligence engineers in a bid to ward off

poaching from the likes of OpenAI, according to Chief Executive

Elon Musk.

(Compiled by Bengaluru newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2026 - www.financetom.com All Rights Reserved