News Highlights: Top Company News of the Day - Thursday at 1 PM ET

Dow Jones01-03
 
Tesla's Global Vehicle Deliveries Fell in 2024 for the First Time in Years 
 

A surge of promotional deals in the fourth quarter failed to stimulate sales enough to top the prior-year results.

 
Big Retail Gets Bigger as Smaller Players Struggle 
 

Walmart, Amazon and Costco are growing faster than the rest of retail and investing to stay ahead.

 
TGI Fridays Ex-CEO Blanchette To Take Over Chain's Management 
 

Ray Blanchette's company Sugarloaf Hospitality to manage over 400 franchised restaurants following TGI Fridays' bankruptcy.

 
Apple Agrees to Pay $95 Million to Settle Lawsuit Over Recordings Tied to Siri 
 

Apple agreed to resolve a class-action lawsuit that alleged the company obtained private communications and shared them with third parties without consent through Siri.

 
Neumora Therapeutics' stock craters after trial of major depressive disorder fails to meet main goals 
 

The news is a setback for the clinical-stage biotech and a drug that proved successful in earlier trials.

 
U.S. Companies Vouched for China During Trump's First Term. Not Anymore. 
 

American companies have largely gone silent about the importance of the U.S.-China relationship-they no longer see China as the land of opportunity.

 
Synaptics Stock Rises on AI Partnership With Google 
 

Synaptics says the partnership reflects a 'shared vision' to advance artificial intelligence.

 
BYD, Chinese EV Peers Post Record Sales for December 
 

Chinese electric-vehicle makers have benefited from a government trade-in program in the world's largest market for EVs.

 
Alibaba to Sell Stake in Chinese Hypermarket Operator 
 

Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.

 
WeChat, TikTok First to Secure Licenses Under Malaysia's New Social-Media Rules 
 

The two Chinese technology companies had each obtained licenses under requirements for internet- messaging and social-media companies unveiled last year.

 
 

(END) Dow Jones Newswires

January 02, 2025 13:00 ET (18:00 GMT)

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