News Highlights: Top Company News of the Day - Thursday at 1 AM ET

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.

 
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.

 
Can This European CEO Revive the American Maker of Jeeps and Rams? 
 

Carlos Tavares is facing pressure to revive drooping sales at Stellantis amid angst from dealers, workers and investors.

 
Tesla Stock Rises While GM and Ford Tank. There Are Good Reasons for That. 
 

Analysts at Baird led by Ben Kallo expect that number to come in higher than Wall Street anticipates.

 
Micron Revenue Soars on  'Robust AI Demand' 
 

The memory chip maker said revenue grew 93% in the latest quarter.

 
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.

 
The Celebrities Lending Their Voices to Meta's New AI 
 

The social media giant announced deals with Awkwafina, John Cena and others, who are allowing a likeness of their voices to be used with its AI assistant.

 
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.

 
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.

(END) Dow Jones Newswires

September 26, 2024 01:15 ET (05:15 GMT)

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