News Highlights: Top Company News of the Day - Thursday at 5 AM ET

Dow Jones12-19
 
Apple Faults Meta for Interoperability Requests 
 

Apple called out Meta for seeking access to software tools that it said could compromise user privacy, a criticism that comes as the EU advances efforts to force the iPhone maker to give developers greater access to its technology.

 
FedEx Earnings Could Be Dwarfed by Potential Spinout of its Freight Business 
 

Investors also will be looking for a solid report and clues about the health of the U.S. economy.

 
Nike's New CEO Faces a Marathon, Not a Sprint. What to Know Ahead of Earnings. 
 

Investors are eager to hear new CEO Elliot Hill's turnaround strategy as Nike reports fiscal second-quarter earnings. But a return to growth may take time.

 
Sony Group to Acquire Additional Stake in Kadokawa for More Than $300 Million 
 

Sony Group plans to acquire an additional stake in Japanese entertainment company Kadokawa to become one of its largest shareholders.

 
Ant Group Warns Against 'False' IPO Rumors 
 

The Chinese fintech company, co-founded by billionaire Jack Ma, said it has no plans to go public, striking back at social-media posts contending the company was exploring a potential backdoor listing.

 
DOJ Alleges CVS Knowingly Contributed to Opioid Crisis in Suit 
 

CVS ignored substantial evidence from multiple sources including its own pharmacists and internal data that indicated its stores were dispensing unlawful prescriptions, the complaint alleges.

 
Woodside, Chevron Agree to Asset Swap 
 

Chevron and Woodside Energy agreed to an asset swap that they said will sharpen their focus on the massive LNG operations they each operate in Western Australia.

 
Micron Shares Slide After Quarterly Outlook Misses Estimates 
 

Memory-chip maker swung to a profit and posted higher revenue in its fiscal first quarter, though shares fell after the company's outlook missed estimates.

 
Dating Is Hard. So Is Owning Match and Bumble. 
 

Match has had two downgrades this week and Bumble is even more unpopular with Wall Street.

 
Lennar Revenue, Profit Slip Amid Challenging Housing Market 
 

Lennar logged lower revenue and profit in its fiscal fourth quarter as the housing market was hurt by higher mortgage rates, sending its shares lower in post-market trading.

 
 

(END) Dow Jones Newswires

December 19, 2024 05:00 ET (10:00 GMT)

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