News Highlights: Top Company News of the Day - Wednesday at 11 AM ET

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.

 
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.

 
Meta Turns to Awkwafina, John Cena, Other Actors to Draw Users to AI 
 

The tech company is expected to announce deals with celebrities who agreed to allow a likeness of their voices to be used with its AI assistant.

 
SAP Stock Drops. Price-Fixing Probe Report Fuels the Selloff. 
 

The Justice Department is investigating the German software developer, according to a report.

 
Rightmove Rejects Third REA Bid 
 

Rightmove rejected the latest bid from News Corp.-controlled REA Group valued at $8.1 billion, saying the offer still materially undervalues the company and its future prospects.

 
The Two Big Insurers Still Betting on Fossil Fuels 
 

Most companies have cut back on oil, gas and coal investments after big climate-related losses. But State Farm and Berkshire Hathaway's insurance companies increased theirs.

 
How Hello Kitty Took Over the World 
 

Investors in Sanrio have made 10 times their money as the iconic Japanese brand expands digitally.

 
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.

 
Rio Tinto Aims to Increase Aluminum Margin, Return on Capital 
 

The world's second-biggest mining company by market value aims to improve the margins in its aluminum business by lowering costs, increasing its footprint in recycled aluminum, and switching to lower-cost renewable power.

 
GE Vernova CEO Appraises Nuclear Power Prospects, Offshore Wind Business 
 

The nuclear power industry is set to add 'gigawatts upon gigawatts' of capacity heading into the 2030s, while offshore wind needs to sort out its business model, according to GE Vernova CEO Scott Strazik.

(END) Dow Jones Newswires

September 25, 2024 11:15 ET (15:15 GMT)

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