News Highlights: Top Company News of the Day
June 02 2023 - 07:30PM
Dow Jones News
Disney Sees Potential $1.9 Billion Charge From Removing Streaming Content
Company said it removed certain produced content from its DTC
segment on May 26.
T-Mobile Says Not in Talks to Add Wireless Plans to Amazon Prime
T-Mobile US said it isn't in talks to include its wireless plans
in Amazon.com's Prime service after a Bloomberg report said Amazon
is holding talks with various carriers about offering low-cost or
possibly free nationwide mobile phone service to Prime
subscribers.
Chemours, DuPont, Corteva Settle PFAS Litigation for $1.185 Billion
Lawsuits said chemical-laden firefighting foam contaminated
drinking water.
JPMorgan Chase Working to Reverse Double Payments on Zelle
The bank apologized after some customers complained about
duplicate transactions.
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.
3D Systems Confirms Offer to Buy Stratasys
Three-dimensional printing company 3D Systems confirmed that it
has made a stock-and-cash offer to buy rival Stratasys, which last
week had agreed to buy Desktop Metal.
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.
(END) Dow Jones Newswires
June 02, 2023 19:15 ET (23:15 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.