News Highlights: Top Company News of the Day
February 03 2023 - 7:30PM
Dow Jones News
Musk Found Not Liable in Trial Over Tweets Proposing to Take Tesla Private
A jury rejected investor claims that Elon Musk violated federal
securities law when he tweeted in 2018 about potentially taking
Tesla private.
Bank of America Cut CEO Brian Moynihan's Pay 6% in 2022
The bank's leader earned $30 million for the year, including
base salary of $1.5 million.
Activist Ryan Cohen Targets a Familiar Foe at Nordstrom
Activist investor seeks to oust Mark Tritton-who was also his
focus at Bed Bath & Beyond-from Nordstrom's board.
Ford Shares Slip After Company Highlights Execution Issues
Analysts say that the auto maker must prove it can realize its
plans.
FTC Prepares Possible Antitrust Suit Against Amazon
The potential lawsuit could target an array of Amazon's business
practices as anticompetitive, according to people familiar with the
matter.
Washington Property Linked to FTX Customer Funds Taken Off Market
A Capitol Hill townhouse that FTX's new management believes was
bought with customer funds had been listed for about $3.3
million.
Veterans Suing Over 3M Earplugs Want Bankruptcy Case Tossed
Plaintiffs say a ruling on the Johnson & Johnson talc case
supports their opposition to 3M's plan for settling claims.
Twitter Tries Super Bowl 'Fire Sale' to Win Back Advertisers
In an email touting the deal, Twitter is offering $250,000 in
free ad space to advertisers that spend as much on the social-media
platform.
Gautam Adani's Wealth Almost Halved by Stock-Price Plunge
The Indian industrialist's net worth has declined by $58 billion
since the publication of a report by a U.S. short seller.
Jurors in Elon Musk Trial Over Tesla Tweets Begin Deliberating
Investors allege the CEO's tweets about taking the electric-car
maker private violated federal securities law.
(END) Dow Jones Newswires
February 03, 2023 19:15 ET (00:15 GMT)
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