PwC Looks to Shrink New U.S. Consulting Partner Class by More Than 50%

PricewaterhouseCoopers is looking to shrink its new class of U.S. consulting partners by more than 50% compared with last year as demand for advisory services continues to slow and the firm reorganizes its business lines. 


 
Netflix Dealt With the Freeloaders. Its Next Act Will Be Tougher.

The decision to stop reporting subscriber numbers will put a greater focus on revenue growth-and advertising. 


 
Schneider Electric in Talks to Take Control of Bentley Systems

A deal would merge Schneider's software business with publicly traded Bentley. 


 
China Orders Apple to Remove Popular Messaging Apps

WhatsApp, Signal and Telegram among apps cut from iPhone app store to comply with censorship demand. 


 
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook

Shares of Taiwan Semiconductor Manufacturing fell sharply as investors' worries about the chip maker's cautious outlook for the industry eclipsed its upbeat first-quarter financial results. 


 
Google's Ad-Privacy Changes Fall Short, U.K. Regulator Says in Internal Documents

The Information Commissioner's Office said in a draft report that Google's proposed replacements for cookies have gaps that advertisers can exploit. 


 
FAA, United Investigate Cockpit Visitor During Baseball Team's Flight

The regulator and airline are looking into how a person traveling with a professional baseball team was seen in the cockpit during a flight from Denver to Toronto. 


 
America's Cigarette Market Is Up for Grabs

Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with its former parent company Altria. 


 
Apple Stock Is Falling. The CEO and Other Executives Just Sold Shares.

A variety of negative factors, including concern that the company is falling behind in AI, have hurt the stock. 


 
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales

Nissan Motor cut its net profit estimate for the fiscal year, missing analysts' expectations, as it sold fewer cars than previously expected due to heightened competition.


(END) Dow Jones Newswires

04-19-24 0715ET