Visa, Mastercard Agree to Lower Swipe Fees

The card networks would cap credit-card interchange fees for five years as part of a settlement with merchants. 


 
Krispy Kreme Stock Jumps After Expanding Partnership With McDonald's

Shares of Krispy Kreme surged after the donut maker said it has reached a deal to sell its donuts at McDonald's restaurants across the U.S. 


 
Truth Social Stock Price Surges on First Day of Trading, Increasing Trump's Fortune

Shares of Donald Trump's social-media company surged 40% on their first day of trading, making the presidential candidate's stake worth approximately $5.5 billiion. 


 
SEC Fines Arista Co-Founder $1 Million Over Insider Trading Claims

The Wall Street regulator alleged that while he was serving as chair of Arista in July 2019, Bechtolsheim learned about an impending acquisition of Acacia Communications and profitably traded on that confidential information. 


 
Alibaba Scraps Logistics Listing as Hong Kong IPO Woes Worsen

The Chinese internet company has abandoned plans to list Cainiao, dealing a blow to Hong Kong's beleaguered initial public offering market. 


 
McCormick Logs Higher 1Q Sales, Earnings

The spices and flavorings company recorded higher sales and earnings in its fiscal first quarter as costs came down and higher prices offset a downtick in volumes. 


 
Amazon Expands Same-Day Pharmacy Delivery to New York, Los Angeles

The online shopping giant wants to make prescription delivery as convenient as its traditional shipments. 


 
Larry Fink Says World Leaders Must Address Growing Retirement Crisis

The BlackRock CEO's annual letter says demographics will strain retirement systems. 


 
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis

David Calhoun was brought in to fix Boeing's issues, but he will leave a big repair job for the next leader. 


 
Nvidia Partner Plans $4 Billion Investment in Indiana

The South Korean memory chip maker is expected to build an advanced-packaging facility in West Lafayette, creating up to 1,000 jobs.


(END) Dow Jones Newswires

03-26-24 1115ET