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

TikTok to Shut Down Short-Lived Music-Streaming Service 
 

The service is set to close in November, ending a yearlong attempt to compete against Spotify and Apple.

 
Beijing Threatens to Block Calvin Klein Owner's Access to China 
 

The possible inclusion of PVH on an "unreliable entities list" comes as the U.S. challenges Chinese firms.

 
AutoZone's stock drops after a rare profit miss, as U.S. sales come up short 
 

AutoZone's stock dropped in early Tuesday trading, after the auto-parts retailer reported quarterly earnings and sales that rose, but not enough to meet expectations, as U.S. results continued to underperform.

 
After Years of Warnings, Telegram Founder Cedes to Police Requests About Users 
 

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.

 
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. Meta is expected to unveil its latest tech-enabled glasses Wednesday.

 
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.

 
Deutsche Post on Track to Meet Guidance After Unveiling New Strategy 
 

The German logistics group, also known as DHL, will focus on fast-growing sectors while simplifying its legal structure as it aims for 50% revenue growth by 2030, compared with 2023.

(END) Dow Jones Newswires

September 24, 2024 09:15 ET (13:15 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.