News Highlights: Top Company News of the Day - Thursday at 9 PM ET

Air Canada Talks With Pilots Union Hit Impasse, CEO Rousseau Says 
 

The airline has said it could begin winding down operations as early as this weekend in anticipation of a strike.

 
United Arab Emirates Fund in Talks to Invest in OpenAI 
 

The ChatGPT creator has told potential backers its annualized revenue recently reached $4 billion.

 
Adobe Earnings Beat Forecasts, but Guidance Disappoints 
 

The company posted revenue of $5.4 billion in latest quarter.

 
Wells Fargo Commits to Fix Financial-Crime Controls 
 

The OCC entered an agreement with Wells Fargo, under which the bank must obtain the regulator's approval of its program for assessing anti-money laundering and sanctions risks of new offerings, as well as provide notice before expanding its offerings.

 
Amazon Boosts Pay for Its Drivers Following Threats to Unionize 
 

Amazon says it is investing about $2 billion into its delivery services program that will boost average driver pay to nearly $22 an hour.

 
Mastercard to Acquire Cyber Company Recorded Future in $2.65 Billion Deal 
 

The payments giant plans to incorporate Recorded Future's hacker threat intelligence and AI into its fraud prevention and identity services.

 
Verizon to Post $1.4 Billion Severance Charge After 4,800 Workers Take Buyout 
 

Verizon Communications will book a third-quarter severance charge of up to $1.4 billion after roughly 4,800 employees accepted a buyout offer.

 
Warner Bros. Discovery Signs New Distribution Deal With Charter 
 

The new multiyear pact will increase the overall fees Charter pays to carry Warner Discovery channels such as CNN, Food Network and TBS.

 
Kroger's stock jumps 6% after profit beat though CEO says more affluent customer now also wary on spending 
 

Kroger's CEO says the company is still committed to closing its merger with Albertsons, despite regulatory pushback.

 
Boeing CEO Kelly Ortberg Pleads With Union Not to Strike 
 

The company's largest union votes Thursday on a tentative agreement that calls for a 25% pay increase and commits Boeing to building its next plane in the unionized Pacific Northwest.

(END) Dow Jones Newswires

September 12, 2024 21:15 ET (01:15 GMT)

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