News Highlights: Top Company News of the Day - Tuesday at 7 AM ET

Don't Count on a Megadeal to Save Intel 
 

Qualcomm or any other buyer would get a design business that has lost market share and a fab business bleeding money

 
Puma Wants to Improve Its Brand. AI Might Help. 
 

The company, which attributes less than a quarter of its revenue to direct to consumers, hopes AI will help it build better, more personalized relationships with customers.

 
How Meta's Smart Ray-Ban Glasses Spawned a Silicon Valley Hit 
 

Video-taking capabilities, not AI, have proven to be a key attraction to buyers as the market expects Meta to unveil latest tech-enabled glasses Wednesday.

 
Telegram Founder Ignored Warnings About App's Content 
 

Pavel Durov's legal battle with French prosecutors took the Telegram founder by surprise. But some of its avid users have long warned him of the need for transparent rules and for tools to communicate with the app's representatives.

 
Boeing Makes New Offer to Union in Hopes of Ending Strike 
 

The proposal calls for a 30% raise over four years, up from 25% in an earlier offer.

 
Trump Issues Fresh Trade Threats, Targeting Deere 
 

The Republican presidential nominee called for a 200% tariff on goods made in Mexico that were previously made in the U.S.

 
Italy's UniCredit Trades Blows With Berlin Over Commerzbank 
 

Germany's chancellor decried "unfriendly attacks" on banks after UniCredit moved to raise its stake in the lender.

 
California Sues Exxon, Alleges Plastics Deception 
 

The state's attorney general accused the oil company of misleading consumers about the recyclability of plastic products. It's seeking civil penalties.

 
Tesla Stock Wipes Out 2024 Losses-Again. What Lifted the Shares. 
 

A Barclays analyst sees third-quarter deliveries coming in at about 470,000 vehicles.

 
Defense Stock Soars on 'Rare Move' From the U.S. Army 
 

The U.S. Army will still be buying kamikaze munitions from AeroVironment while a protest to a prior award is adjudicated. The objection from other suppliers had hammered shares.

(END) Dow Jones Newswires

September 24, 2024 07:15 ET (11:15 GMT)

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