News Highlights: Top Company News of the Day - Monday at 1 AM ET

Activist Starboard Value Has Stake in Autodesk 
 

Starboard met with executives of the design-software maker in recent weeks.

 
Hyundai Motor Shares Gain as Unit Files for India IPO 
 

Hyundai Motor India has sought approval for what could be the biggest-ever initial public offering in India, lifting shares of its South Korean parent.

 
Fisher Investments Strikes Deal With Advent 
 

The private-equity investor plans to take a minority stake in the firm known for its ubiquitous advertisements.

 
Food Startup Backed by NBA Stars Triggers Lawsuits 
 

A food startup backed by basketball stars and private-equity executives has tumbled into a mire of legal accusations from an investor and senior managers that remain pending before a Dallas court.

 
Wells Fargo Bet on a Flashy Rent Credit Card. It Is Costing the Bank Dearly. 
 

The bank is losing money every month on the program as savvy customers flock to the card and projections on key revenue drivers turn out to be inaccurate.

 
The Big Loser in Tesla's Shareholder Vote Is Delaware 
 

Tesla's move to reincorporate in Texas is about much more than saving on state fees: It's Elon Musk's attempt to loosen Delaware's grip on American corporations.

 
Japan's Chip Equipment Maker Disco Catches AI Fever 
 

The maker of equipment for semiconductor manufacturing occupies a key role in the chip-supply chain.

 
Apple Gives Banks a Bigger Bite of Its Payment Features 
 

Cards might be able to touch more transactions with changes to Apple Pay.

 
Southwest Changed Flying. Now It Can't Change Fast Enough. 
 

The airline is considering ditching its free-for-all seating. That won't be enough for hedge fund Elliott Investment Management.

 
Advance Auto Parts Says Hacker Selling Personal Data of Employees 
 

Advance Auto Parts said a hacker had accessed and was selling certain data that may contain Social Security numbers of job applicants and employees.

(END) Dow Jones Newswires

June 17, 2024 01:15 ET (05:15 GMT)

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