3M Names William Brown Chief Executive

3M appointed William Brown, the former leader of aerospace and defense technology company L3Harris Technologies, as its next chief executive. 


 
Reddit Needs to Be OK Being Reddit

The niche social network can be valuable to advertisers, but spending needs to come down. 


 
A TikTok Ban May Be Easier in Theory

The move to ban TikTok is gaining steam in Congress. Carrying through with it would mean opening several cans of worms-practical, legal and political. 


 
Having Overtaken Tesla, BYD Is Running Into Problems Overseas

The Chinese EV maker is seeing vehicles pile up overseas amid weak demand, quality-control issues and internal tension. 


 
Air New Zealand Pauses Chicago Flights Due to Engine Shortage

Air New Zealand will pause one of the world's longest nonstop flights for up to six months due to what the carrier said is a shortage of engines for its Boeing Dreamliner aircraft. 


 
Leonardo Forecasts Growing Orders Amid Strong Defense Business

Leonardo said it expected new orders will continue to grow this year through to 2028, led by its core defense electronics and security business at a time of escalating geopolitical tensions. 


 
Trump Now Sees Possible TikTok Ban as 'Tough Decision'

The former president indicated that he will stay away from the fight over a vote set for this week. 


 
Alumina Signs Binding Agreement on $2.2 Billion Alcoa Takeover

Alumina said its independent nonexecutive directors and CEO recommend shareholders vote in favor of the proposed takeover. 


 
Xiaomi Set to Launch First Electric Vehicle

Chinese mobile-phone maker Xiaomi will launch its first electric vehicle this month, as EV makers battle for sales in the world's largest auto market. 


 
Alibaba's Media Arm to Invest $640 Million in Hong Kong Entertainment

Alibaba Group's media and entertainment arm will invest in movies, television dramas and creative events in Hong Kong over the next five years.


(END) Dow Jones Newswires

03-12-24 0715ET