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

Chip Giants TSMC and Samsung Discuss Building Middle Eastern Megafactories 
 

Potential projects in the United Arab Emirates could be worth more than $100 billion, though major hurdles remain.

 
Google Emails Show Unease Over Advertising Dominance 
 

At the Google antitrust trial, the Justice Department argued that internal company communications support its claims of illegal monopolization.

 
News Corp's REA Boosts Offer for U.K. Property Platform Rightmove 
 

News Corp-controlled REA Group increased its takeover offer for its U.K. counterpart Rightmove, continuing its effort to combine two of the English-speaking world's dominant real estate listing websites.

 
Roche CEO Calls Industrial Subsides a 'Waste of Money' 
 

Severin Schwan criticized the subsidies that the U.S. and European governments are using to boost their manufacturing industries against competition from China and other nations.

 
Walmart and Costco Bought Up Stock at Bargain Prices 
 

Retailers Walmart and Costco made robust stock repurchases months before their shares broke out to record highs in September.

 
Elliott Hill Loved Nike and Left It. Now He's Back as CEO. 
 

Nike's incoming chief is inheriting a demoralized workforce and a brand that has lost market share to rivals.

 
The Satellite Economy Has a Sweet Spot. Markets Hate It. 
 

"Medium Earth orbit" is a promising niche in space, but investors are wary of Elon Musk's Starlink and the decline of linear TV.

 
Brazil's Top Court Says X May Be Backing Down and Asks for Proof 
 

The court said Elon Musk's company hired lawyers to represent X in Brazil, a key requirement for the platform to return to the country.

 
How Intel Fell From Global Chip Champion to Takeover Target 
 

Strategic missteps and the artificial intelligence boom have combined to reshape the fortunes of the U.S.'s most storied semiconductor company.

 
Cards Against Humanity Sues Elon Musk's SpaceX for Trespassing 
 

The lawsuit alleges Musk's aerospace company took over land the game maker bought in 2017 to interfere with then-President Trump's border wall.

(END) Dow Jones Newswires

September 22, 2024 21:15 ET (01:15 GMT)

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