News Highlights: Top Company News of the Day
June 02 2023 - 11:30AM
Dow Jones News
Chemours, DuPont, Corteva Settle PFAS Litigation for $1.185 Billion
Lawsuits said chemical-laden firefighting foam contaminated
drinking water.
Verizon and AT&T Slump on Reports Amazon to Offer Wireless Service
Amazon.com is reportedly in talks with phone carriers to offer
low-cost or free nationwide mobile phone service to Prime
subscribers.
Ford Motor Recalls Over 140,000 Lincolns Over Fire Risk
Ford Motor is recalling over 140,000 Lincoln MKC crossover
vehicles because the engine compartment could catch fire while
parked or driving, the National Highway Traffic Safety
Administration said.
Twitter's Top Content Moderation and Safety Executive Leaves
Ella Irwin, who declined to discuss her reason for leaving,
departed on a day when Elon Musk said Twitter employees erred in
how they handled a documentary.
Exxon, Chevron Near Deals to Drill in Gas-Rich Algeria
The North African nation's vast reserves and proximity to Europe
make it attractive to the U.S. drillers that have huge cash troves
to invest.
Most HBO Max Customers Started Using New 'Max' Platform in First Week
Warner Bros. Discovery launched the new service combining HBO
Max and Discovery+ on May 23.
GM Deal Strengthens Its EV Supply Chain. The Stock Is Rising.
General Motors and POSCO announce the next phase of their joint
venture to supply EV battery materials to the car company's
plants.
Nvidia Is Still a 'Buy' to Wall Street Analysts
Analysts have raced to boost their price targets on the chip
maker's stock after the company's market value gained $650 billion
since October.
The RV Boom Is Over, But These Stocks Promise a Sweet Ride
Sales of recreational vehicles are way off their pandemic peak,
but the industry won't be in the breakdown lane for long.
Judge in Disney-DeSantis Case Recuses Himself
U.S. District Judge Mark Walker said that a relative owned 30
shares of Disney stock.
(END) Dow Jones Newswires
June 02, 2023 11:15 ET (15:15 GMT)
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