News Highlights: Top Company News of the Day - Wednesday at 11 PM ET
Micron Revenue Soars on 'Robust AI Demand'
The memory chip maker said revenue grew 93% in the latest quarter.
Korea Zinc Gets Sweetened Takeover Offer
A consortium led by South Korean private-equity firm MBK Partners has raised its offer for Korea Zinc, sending shares of the world's largest refined zinc producer to fresh highs.
OpenAI to Become For-Profit Company
The planned restructuring comes amid personnel upheaval including resignation of chief technology officer.
Pfizer to Withdraw Sickle-Cell Drug Oxbryta From Global Markets
The healthcare company said clinical data indicates the overall benefit of Oxbryta no longer outweighs the risk in the approved patient population.
Ubisoft Slashes Guidance After Assassin's Creed, Star Wars Setbacks
The updated forecasts come after the French videogame maker delayed the release of Assassin's Creed Shadows and said initial sales of Star Wars Outlaws proved softer than expected.
DP World Is Seeking to Build a Trade Hub in Mexico
Port terminal operator DP World is talking to Mexico's government about allowing it to start operations in the country, which would enable the Dubai-based business to handle cargo heading into the U.S. from the south.
Google Files EU Antitrust Complaint Against Microsoft
The search giant argues that Microsoft is abusing its market power in enterprise software to push customers to use its cloud-computing service.
Meta Slashes Price of Quest VR Headset
The new Quest 3S headset starts at $300, as Facebook-parent Meta seeks to further undercut Apple's new Vision Pro.
UniCredit Sees All Options Open for Commerzbank Stake But Won't Seek Board Seat
Italy's UniCredit won't seek a seat on Commerzbank's supervisory board despite a recent move to become the German bank's biggest shareholder, UniCredit's chief executive said Wednesday.
Shein Faces Italian Antitrust Scrutiny Over Environmental Claims
Italian officials opened an investigation into Shein, saying the online fast-fashion giant might be making misleading claims about the sustainability of the clothing it sells.
(END) Dow Jones Newswires
September 25, 2024 23:15 ET (03:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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