Global News Select

News Highlights: Top Company News of the Day - Friday at 9 AM ET

Three Mile Island's Nuclear Plant to Reopen, Help Power Microsoft's AI Centers 
 

The 20-year deal with Constellation Energy would kick-start the site of the nation's worst nuclear accident.

 
Mercedes, BMW Flash Warning Lights on China 
 

Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the country.

 
Is Your Bag Luxurious Enough for a Government Lawsuit? 
 

The Coach and Michael Kors case shows the limits of antitrust challenges.

 
The Price War in Weight-Loss Drugs Is Here 
 

Novo Nordisk and Eli Lilly are offering discounts to encourage more insurance coverage of the medicines, which carry price tags of over $1,000 a month.

 
Japan Gears Up for More Than $3 Billion of IPOs in October 
 

Two Japanese companies will soon start testing investors' appetite for their shares, with one of the listings likely to be the country's largest this year.

 
Novo Nordisk's Wegovy Gets EU Backing to Treat Heart Conditions 
 

Novo Nordisk said European regulators support the use of its blockbuster weight-loss drug Wegovy to help reduce heart failure in obese patients.

 
KKR Secures About a Third of Fuji Soft, Dousing Hopes of Bidding War 
 

Fuji Soft shares fell sharply on fading expectations of a bidding war after two key shareholders of the software developer agreed to KKR's tender offer.

 
Berkshire Hathaway Sells More Bank of America Stock. Here's How Much It Has Left. 
 

Warren Buffett's conglomerate unloaded another $900 million worth of shares.

 
Lennar Beats Earnings Estimates. The Stock Drops. 
 

The Federal Reserve's decision to cut interest rates will boost demand, Lennar says.

 
Nike CEO John Donahoe Stepping Down After Rocky Tenure 
 

Nike said John Donahoe will retire as chief executive and from the board, and named his successor, Elliott Hill, who retired from the sneaker maker in 2020.

 
 

(END) Dow Jones Newswires

September 20, 2024 09:15 ET (13:15 GMT)

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