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

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.

 
Australia's Biggest Supermarkets Sued by Regulator Over Misleading Discounts 
 

Australia's competition regulator said it is suing Woolworths and Coles, the country's two largest grocery chains, for misleading customers with their discount pricing.

 
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.

 
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.

 
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.

 
The Titan Submersible's Operator Ignored Years of Warnings. Then Tragedy Struck. 
 

OceanGate cut corners for years before the catastrophic implosion, former employees said at a Coast Guard hearing.

 
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.

(END) Dow Jones Newswires

September 23, 2024 01:15 ET (05:15 GMT)

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