News Highlights: Top Company News of the Day - Monday at 5 AM ET
Circle K Owner Willing to Engage With Seven & i After Bid Rejection
The Canadian owner of Circle K stores has said that it is willing to discuss and engage with Seven & i, which last week rejected its near $39.0 billion takeover offer on valuation and regulatory concerns.
Apple Looks to AI to End iPhone Slump
Meanwhile, artificial intelligence has yet to spur a wave of upgrades for other smartphone makers.
Boeing Reaches Deal With Biggest Union in Effort to Avoid Strike
The jet maker agreed to increase wages by 25% for its largest union in a four-year pact aimed at preventing a crippling strike.
Big Lots Files for Bankruptcy, Enters Sale Agreement
U.S. discount retail chain Big Lots has filed for bankruptcy and agreed to sell itself to an affiliate of private-equity firm Nexus Capital.
Midea Moves Ahead With Hong Kong's Likely Biggest Listing This Year
Chinese appliance maker Midea Group has started taking orders from investors for an initial public offering to raise up to US$3.46 billion in Hong Kong.
OCI to Sell Methanol Business for $2 Billion
Netherlands-based OCI Global has agreed to sell its methanol business to Canada's Methanex for $2 billion as part of its continuing efforts to pare debt.
The drama is heating up over Kroger's planned merger deal. What will its earnings say?
This week, we'll get quarterly results from the company that U.S. antitrust regulators have tried to make into a symbol for two years of consumers' inflation anguish - supermarket chain Kroger Co.
Musk's xAI Has Discussed Deal for Share of Future Tesla Revenue
Under a proposed arrangement, the startup would give Tesla access to its artificial-intelligence technology in exchange for a slice of the carmaker's software revenue.
Nvidia Draws Antitrust Scrutiny as Enforcers Signal Early Interest in AI
The Justice Department's probe of the chip company highlights interest in being more aggressive than in years past.
Boeing's Starliner Returns to Earth Without Its Crew
NASA and the aerospace company plan to analyze performance of the vehicle that returned without its crew after troubled months in space.
(END) Dow Jones Newswires
September 09, 2024 05:15 ET (09:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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