News Highlights: Top Company News of the Day – Wednesday at 9 PM ET

Boeing Furloughs White-Collar Workers as Strike Worsens Cash Crunch

CEO Kelly Ortberg says he will take a pay cut; credit-ratings firms have warned of a downgrade.

 
T-Mobile Strikes Deal With OpenAI

Companies say new AI platform will harvest data on customer interactions to improve service.

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

A decision on the national security review is potentially pushed out until after November’s presidential vote.

 
AT&T Will Remove Lead Cables From Lake Tahoe

The company agreed to remove 8 miles of lead-covered cables from Lake Tahoe, following a protracted legal battle with an environmental group over their removal, according to court documents.

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

After acquiring the shares, Cohen had periodic communications with Wells Fargo’s leadership regarding ways to improve the bank’s business and to advocate for a potential board seat, the FTC said.

 
General Mills Stock Rises After Earnings Beat

The maker of packaged foods reports adjusted earnings of $1.07 a share, beating Wall Street estimates by a penny.

 
EA Shows Why Game Forecasts Are a Tricky Business

The videogame publisher’s first analyst meeting in eight years fell flat as big projects had few specific details on timing.

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

Antitrust officials had imposed the fine over how the search giant might have restricted the way that some websites displayed ads sold by its rivals.

 
Viola Credit and Apollo Affiliate Form $500 Million Joint Venture

The global alternative-asset firm’s partnership with Apollo Global Management affiliate Cadma Capital Partners focuses on asset-based lending for technology companies.

 
Tyson Foods Sued for Greenwashing

Environmentalists say the meat company’s “net-zero by 2050” claims don’t hold water.

(END) Dow Jones Newswires

September 18, 2024 21:15 ET (01:15 GMT)