Regulator Probes BlackRock and Vanguard Over Huge Stakes in U.S. Banks

The FDIC is scrutinizing whether the index-fund giants are sticking to passive roles when it comes to their investments in U.S. banks. 


 
The Dollar-Store Showdown Comes Down to Real Estate

Dollar General, located mostly in rural areas, plans to expand, while the more urban-focused Family Dollar will close hundreds of stores. 


 
China Developers' Shares Suspended in Hong Kong

Several Chinese developers' shares have been suspended from trading in Hong Kong due to their failure to meet the deadline for publishing last year's annual results, another sign of the turmoil in the country's real-estate sector. 


 
Disney Winning Proxy Fight Against Trian With More Than Half of Votes Cast

BlackRock and T. Rowe Price are among the major investors backing Disney; voting continues through April 3 meeting. 


 
Two Members of Warner Bros. Discovery's Board Resign to Resolve Antitrust Concerns

Steven Miron and Steve Newhouse have ties to cable provider Charter, which Justice Department says competes with WBD. 


 
Acorda Therapeutics Files for Bankruptcy Protection

Acorda Therapeutics said it filed for bankruptcy protection and secured a "stalking horse" bid for its assets ahead of an auction process. 


 
Xiaomi Shares Jump After Launch of Its First Electric Vehicle

Xiaomi's shares surged after the tech company unveiled its maiden electric vehicle, a competitively-priced sedan vying against Tesla and others for market share in China's crowded EV space. 


 
The Disarray Inside Boeing's 737 Factory Before the Door Plug Blowout

Factory logs indicate missed procedures, confusion and delays during the production of the jet that later burst open in flight. 


 
Healthcare stocks fade as obesity-drug optimism fades

Healthcare companies fell sharply Monday as ebullience about a new class of weight control drugs subsided. 


 
South Korea's Hanwha Ocean Makes $649 Million Offer for Austal

Austal said any takeover would require approval not only from Australia's foreign-investment watchdog but also the Committee on Foreign Investment in the U.S. and the U.S. Defense Counterintelligence and Security Agency.


(END) Dow Jones Newswires

04-02-24 0715ET