News Highlights: Top Company News of the Day - Wednesday at 3 PM 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.
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.
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.
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.
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.
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.
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.
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.
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 15:15 ET (19:15 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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