Tinder Owner Match Draws Elliott Investment

The activist has a roughly $1 billion stake and intends to meet with Match to discuss ways to improve the online dating company's performance. 


 
Samsung Forecasts Weaker Fourth-Quarter Operating Profit

The South Korean tech giant expects fourth-quarter operating profit to fall 35%, missing market expectations and dampening hopes for an earnings recovery led by its semiconductor business. 


 
Hewlett Packard Enterprise Near Deal to Buy Juniper Networks

The deal could be unveiled this week, valuing Juniper at roughly $13 billion. 


 
China Tourism Group Duty Free Shares Rise on Strong Earnings

Shares of China Tourism Group Duty Free jumped on strong preliminary 2023 earnings, as growth in international travel gains momentum after China's postpandemic reopening. 


 
Unity Slashes Another 25% of Its Workforce

The move comes after an uproar over new fees in September that angered customers. 


 
Walgreens to Pay Humana $360 Million to Settle Drug-Pricing Dispute

Walgreens Boots Alliance has agreed to pay $360 million to insurance company Humana to settle a lawsuit alleging the retail-pharmacy chain overcharged for prescription-drug reimbursements. 


 
JetBlue CEO to Step Down as Airline Awaits Judge's Ruling on Spirit Airlines Merger

"Extraordinary challenges and pressure of this job have taken their toll, " said CEO Robin Hayes. 


 
United, Alaska Find Loose Parts on Some Boeing 737 MAX 9 Jets

The airlines are inspecting the aircraft grounded by Federal Aviation Administration after a door-plug blowout on an Alaska Airlines flight. 


 
Amazon Is Going 'Super Aggressive' on Generative AI

Chief Security Officer Stephen Schmidt says Amazon cyber teams use generative AI to increase productivity-with caveats 


 
Novartis in Advanced Talks to Buy Cytokinetics

A deal for Cytokinetics would be the latest in a flurry of merger activity involving pharmaceutical giants snapping up biotechnology companies.


(END) Dow Jones Newswires

01-08-24 2315ET