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

Jeep Parent Stellantis Taking 'Drastic Measures' to Conserve Cash 
 

The company's finance chief revives 'doghouse' requirements at global automaker to curb spending, reverse falling profits.

 
Spirit Airlines Dives 34% Amid Bankruptcy Report 
 

The low-cost carrier is having a nightmarish 2024, with its shares down 86% even before Thursday's news.

 
ULA Launches Vulcan Rocket, Pushing to Begin National-Security Flights 
 

The rocket company, jointly owned by Boeing and Lockheed Martin, has been racing to prepare its vehicle to carry military satellites.

 
Can a 'Precision Scheduling' Expert Fix Berkshire Hathaway's Railroad? 
 

Warren Buffett's designated successor is taking a hands-on approach with BNSF Railway, one of Berkshire's biggest companies.

 
Norwegian Air Shuttle Warns on Costs as Boeing Delivery Delays Drag On 
 

The low-cost carrier will prioritize cost-saving measures as a strike at Boeing further delays deliveries of new aircraft.

 
Google Threatens to Stop Linking to News in New Zealand 
 

Google threatened to stop linking to news in New Zealand if lawmakers pass a bill aimed at making digital platforms pay media outlets.

 
Rivian Stock Falls. Production Is a Problem. 
 

Rivian revises its 2024 production guidance midpoint to 48,000 vehicles, down from prior guidance of 57,000 vehicles.

 
Robotaxis Can't Be a Solo Act 
 

Networks of expensive, self-driving cars need a wide base of paying riders, which could make Uber essential to Tesla's success.

 
Hotels and Travel Firms Battle AI Phone Scams 
 

Hackers are using AI to update old-school techniques, aiming to steal money or launch malware.

 
Tesla Stock Is Down Again Today. This Time, It Isn't About Deliveries. 
 

Tesla's cheapest model is no longer on sale in the U.S.

(END) Dow Jones Newswires

October 04, 2024 11:15 ET (15:15 GMT)

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