Top stories: Top business news of the day – Wednesday, 7:00 p.m. ET

Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch

CEO Kelly Ortberg says he’ll take a pay cut; ratings agencies warn of ratings downgrade.

 
T-Mobile Strikes Deal With OpenAI

The companies say the new AI platform will collect data on customer interactions to improve service quality.

 
Nippon Steel Gets More Time for U.S. Steel Deal Review

A decision on the national security review may not be made until after the presidential election in November.

 
General Mills Stock Rises After Earnings Beat

The packaged food maker reported adjusted earnings of $1.07 per share, beating Wall Street estimates by a cent.

 
Google Wins Fight to Scrap $1.7 Billion EU Antitrust Fine Over Ads

Antitrust officials imposed the fine because the search giant may have restricted how some sites displayed ads sold by its competitors.

 
UAW Clashes With Jeep Maker, Threatening Strike

The union, which won a major contract last year, has criticized the company for cutting jobs and delaying plans at its Illinois plant.

 
AT&T Will Remove Lead Cables From Lake Tahoe

The company has agreed to remove 8 miles of lead-coated cables from Lake Tahoe after a lengthy legal battle with an environmental group over the issue, according to court documents.

 
Lionsgate, Studio Behind 'John Wick,' Signs Deal With AI Startup Runway

The Hollywood studio will give the tech company access to its library of films and shows in exchange for a specially designed AI model.

 
GameStop CEO Cohen to Pay Nearly $1 Million for Alleged Wells Fargo Securities-Acquisition Violation

The FTC said that after purchasing the shares, Cohen periodically contacted Wells Fargo executives to discuss ways to improve the bank’s operations and to seek a potential seat on its board.

 
EA Shows Why Game Forecasts Are a Tricky Business

The video game publisher’s first analyst meeting in eight years ended in a fiasco, with few details about the timeline given for major projects.

(END) Dow Jones Newswires

September 18, 2024, 7:15 PM ET (11:15 PM GMT)