UBS Close to Large Settlement Over Credit Suisse Tax Case
The potential payout relates to an earlier deal over tax evasion by U.S. clients of Credit Suisse, the rival Swiss bank that UBS acquired in 2023.
Elon Musk's xAI Launches Stand-Alone Grok App
The AI startup launched its first stand-alone consumer app, as the company tries to catch up with more established players such as OpenAI and Google in the generative AI race.
7-Eleven Owner Reports Profit Drop, Keeps Guidance
Seven & i reported a drop in quarterly net profit but promised to complete restructuring and seek further growth globally.
Wildfires Are Making Investors Nervous About Los Angeles Area Utility Again
Southern California's Edison International owes its survival to luck, at least in part.
Airbus Comes Slightly Short of Plane Delivery Target Amid Supply-Chain Bottlenecks
The European plane maker delivered fewer aircraft than expected last year as persisting supply-chain hurdles weighed on production.
KKR, PSP Investments Partner to Buy Stake in Two American Electric Power Companies
KKR is partnering with the Public Sector Pension Investment Board to buy a 19.9% interest in two units of American Electric Power for $2.82 billion.
Delta Air Lines' Earnings Can Make or Break the Sector's Rally. 1 Metric Is Key.
Airline stocks have been flying recently, which makes earnings season tricky to navigate for investors.
Southwest Airlines CFO Tammy Romo to Retire as Airline Embarks on Turnaround
Romo is retiring after more than three decades with the carrier as it works on a turnaround after lagging behind some of its peers in recent years.
DHL Buys Into the Growing Retail Returns Business
The acquisition of a returns services provider comes as retailers are grappling with the higher volumes that shoppers are sending back.
Inside the American Airlines Campaign to Win Back Business Travelers
The nation's second-largest carrier is playing catch-up to rivals after its bet to overhaul corporate travel failed.
(END) Dow Jones Newswires
January 09, 2025 17:00 ET (22:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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