Paramount Global CEO Bob Bakish Steps Down
The entertainment giant will put in place an "Office of the CEO" through which three division heads will oversee the company.
FCC Fines Wireless Carriers for Sharing Customer Data
Agency says four carriers sold access to customers' location data to aggregators.
Musk Wins China's Backing for Tesla's Driver-Assistance Service
Tentative approval for the software feature follows Musk's surprise visit to Beijing and marks a crucial victory in his push to reignite Tesla's growth.
Dish Network Bondholders Sue Over EchoStar Asset Moves
Bondholders of Dish Network sued the struggling telecommunications company over transactions that they say moved billions of dollars in assets out of their reach.
Hertz's Soured EV Bet Drags Down Post-Bankruptcy Stock
The rental-car company maintained equity value throughout bankruptcy, but the painful reversal of its electric-vehicle strategy has since weighed on the stock.
Glass Lewis Backs 6 Activist Nominees for Norfolk Southern's Board
Norfolk Southern leaders were dealt a heavy blow in their proxy fight with activist investor Ancora Holdings after proxy advisory firm Glass Lewis endorsed six of Ancora's seven proposed board nominees.
L'Occitane Owner Offers Buyout That Values Company at EUR6 Billion
The Luxembourg-based and Hong Kong-listed cosmetics company said that the offer from L'Occitane Groupe, Geiger's holding company, to buy the remaining shares would cost EUR1.7 billion.
Regulator Investigates Ford's Hands-Free Driving System After Fatal Crashes
The NHTSA said the incidents involved Ford's BlueCruise system on Mach-E vehicles that collided with stationary vehicles on highways.
BHP, Samarco and Vale Submit $26 Billion Samarco Dam Indicative Settlement Proposal
The proposal comes amid negotiations on obligations, claims, and on resolving the incident which caused flooding in southeast Brazil.
Rising Food Prices Send More Shoppers to Aldi
The German grocer keeps prices low with smaller stores, fewer staffers and a slimmer product menu than bigger supermarkets.
(END) Dow Jones Newswires
04-29-24 1715ET
