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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

WSJ.com: US Business

A Media Heiress's Bid to Sell Sets Off Mayhem Inside Paramount

Mon, Apr 29, 2024

The storied Hollywood company behind ‘The Godfather’ faces its biggest battle yet as Shari Redstone’s merger plans collide with shareholder fury and a CEO on the outs....

Regulator Investigates Ford's Hands-Free Driving System After Fatal Crashes

Mon, Apr 29, 2024

The NHTSA said the incidents involved Ford’s BlueCruise system on Mach-E vehicles that collided with stationary vehicles on highways....

BHP, Samarco and Vale Submit $26 Billion Samarco Dam Indicative Settlement Proposal

Mon, Apr 29, 2024

The proposal comes amid negotiations on obligations, claims, and on resolving the incident which caused flooding in southeast Brazil....

Musk Wins China's Backing for Tesla's Driver-Assistance Service

Mon, Apr 29, 2024

Tentative approval for the software feature follows Musk’s surprise visit to Beijing and marks a crucial victory in his push to reignite Tesla’s growth....

Glass Lewis Backs 6 Activist Nominees for Norfolk Southern's Board

Mon, Apr 29, 2024

Norfolk Southern leaders were dealt a heavy blow in their proxy fight with activist investor Ancora Holdings after proxy advisory firm Glass Lewis endorsed six of Ancora’s seven proposed board nominees....

Executive Flights on Corporate Jets Worth Millions More Than Reported

Mon, Apr 29, 2024

A WSJ analysis shows the wide gap between what companies report spending on CEOs’ personal travel and what it would have cost the executives....

Investors Are Showering AI Startups With Cash. One Problem: They Don't Have Much of a Business

Mon, Apr 29, 2024

Some startups are raising hundreds of millions of dollars before they even have a product or any revenue....

Rising Food Prices Send More Shoppers to Aldi

Mon, Apr 29, 2024

The German grocer keeps prices low with smaller stores, fewer staffers and a slimmer product menu than bigger supermarkets....

French Government to Buy Some Atos Assets

Mon, Apr 29, 2024

Atos said the French state offered to buy parts of its big data and security arm for up to $1 billion, including debt, in a bid to prevent a collapse of the information-technology firm....

PetroChina's Net Profit Rose on Higher Sales

Mon, Apr 29, 2024

PetroChina’s net profit and revenue rose, primarily due to a rise in sales volume for the Chinese state-controlled oil company’s oil and gas products....