News Highlights: Top Company News of the Day - Monday at 5 AM ET
Howard Schultz Urges Starbucks to Fix its U.S. Business
The former CEO calls for a "focus on customer experience" in a LinkedIn post after the company's earnings miss.
EQT to Buy U.S. Digital Consultancy Perficient for $3 Billion
Swedish private-equity firm EQT said it will pay $76 a share, a 58% premium to Perficient's closing price on Friday.
Singtel Taps Head of Australia's Broadband Operator for Optus
Singapore Telecommunications has appointed Stephen Rue to lead its Australian telecom operations as part of efforts to rebuild the unit's reputation, which suffered because of a network outage that affected millions of its customers.
Westpac's First-Half Profit Falls, Lifts Buyback
The Australian bank said its first-half net profit fell by 16%, but it would return more capital to shareholders through an increased dividend and bigger share buyback.
Boeing's Big Space Test: Using Starliner to Ferry NASA Astronauts
The spacecraft is set to take a crewed flight to the International Space Station after years of delays and falling behind SpaceX.
ABC News President Kim Godwin Is Stepping Down
Godwin's move came months after a corporate restructuring that effectively stripped away much of her management autonomy.
Steward Health Care to File for Bankruptcy as Soon as Sunday
Steward Health Care System, the largest U.S. physician-owned hospital operator, is planning to file for chapter 11 protection as soon as Sunday, people familiar with the matter said, marking one of the biggest hospital bankruptcies in decades.
The Google Antitrust Verdict Looms. Here's What to Look For.
A federal judge could issue a ruling this summer in the government's landmark case.
Consumers Fed Up With Food Costs Are Ditching Big Brands
After years of price increases, food companies say more consumers pull back. Fast-food chains and snack makers plan new deals and flavors.
Retailers Scale Back Self-Checkouts to Curb Irritation-and Theft
Problems with the technology are prompting companies including Target and Walmart to change their operations or ditch the stations.
(END) Dow Jones Newswires
May 06, 2024 05:15 ET (09:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Micron Earnings: Great Guidance but Stock Now Looks Fairly Valued
-
August PCE Report Forecasts Show More Good News on Inflation
-
AI Stocks May Be Down, but Don’t Count Them Out
-
4 Stocks to Buy as the Fed Cuts Interest Rates
-
Markets Brief: The Uncertain Path to Neutral Interest Rates
-
What’s Happening in the Markets This Week
-
Where Top Stock Fund Managers Are Looking Next After the Fed Rate Cut
-
Our Top Pick for Investing in US Renewable Energy
-
How to Measure a Stock’s Uncertainty
-
How to Determine Whether a Stock Is Cheap, Expensive, or Fairly Valued
-
Why a Company’s Management and Capital Allocation Matter
-
How to Determine What a Stock Is Worth
-
How to Measure a Company’s Competitive Advantage
-
How to Think Like a Stock Analyst
-
How GLP-1 Drugs Like Ozempic Are Boosting Biopharma Stocks