Disney Settles with DeSantis Over Florida Tax District

The entertainment giant has been in a long-running fight with the Republican governor over laws targeting a tax district that covers the land that houses Walt Disney World. 


 
Robinhood's stock jumps after company launches first credit card

The Robinhood Gold Card is aimed at Robinhood Gold members - a subscription product offering premium services for a fee - and has no annual fee or transaction fees, but comes with a 3% cash back on all categories. 


 
BYD's Rise Challenges Tesla-and Its Valuation

BYD and Tesla have a lot in common these days-except in terms of market value, where the U.S. company is roughly seven times as big. 


 
Kimberly Clark Reorganizes, Setting Long-Term Growth Targets

The maker of Kleenex is aiming for adjusted EPS to grow in the mid-to-high single digits over the long term. 


 
VIP Programs Offered by Online Gambling Companies Draw Federal Scrutiny

Following a WSJ report, Sen. Richard Blumenthal asked FanDuel, DraftKings and other companies how they target big spenders and VIPs. 


 
Carnival Warns of Profit Hit From Baltimore Bridge Collapse

The cruise operator said it expects the disruption to hit annual adjusted earnings by as much as $10 million. 


 
Merck's $11.5 Billion Bet on Its Next Big Drug Finally Arrives

The newly approved drug, which treats potentially fatal pulmonary arterial hypertension, is estimated to ring up as much as $7.5 billion in yearly sales. 


 
Apple Turns to Longtime Steve Jobs Disciple to Defend Its 'Walled Garden'

Former Chief Marketing Officer Phil Schiller has frequently made it clear that Apple doesn't intend to yield to developer criticism 


 
Can Apple and AI Make Baidu Cool Again?

China's search leader was long viewed as an also-ran. Shifting political and technological winds might change that. 


 
Musk's xAI to Make Grok Chatbot Available to All Premium X Users

Elon Musk's artificial-intelligence company will make its Grok chatbot available to all premium subscribers of social-media platform X.


(END) Dow Jones Newswires

03-27-24 1315ET