Three Paramount Directors to Step Down as Company Discusses Skydance Merger

The directors' expected departures come at a sensitive time for Paramount Global. 


 
Boeing's stock heads for 17-month low as the bad news keeps coming

Boeing's stock is falling toward the lowest levels seen in more than a year, as the aerospace giant continued to feel the heat from allegations of shoddy safety controls. 


 
Macy's Adds Two Directors Backed by Investor to Its Board

The new members will help evaluate the investor group's proposal to acquire the retailer. 


 
Switzerland Moves to Hike UBS Capital Requirements

Switzerland said UBS will have to hold substantially more capital under new rules aimed at preventing a repeat of Credit Suisse's near-collapse last year. 


 
Delta's stock leaps, as accelerating business-travel demand fuels record revenue

Delta Air Lines' stock flew toward a three-year high Wednesday, after the air carrier reported a first-quarter profit beat - and record revenue - fueled by accelerating business-travel demand. 


 
Roblox Users Battle Tornadoes and Raise Pets. Will They Watch Ads, Too?

The online-entertainment company is hiring ad-tech player PubMatic to help juice sales of new video ads displayed on virtual billboards. 


 
Explosion at Enel Hydroelectric Plant Kills at Least Three

Rescuers in Italy were searching for four missing workers after an explosion at a hydroelectric power plant owned by Rome-based energy group Enel killed at least three people. 


 
Lands' End's Plan to Get Back in the Black: Fewer Discounts, Updated Styles

Lands' End is on track to swing to an annual profit for the first time in three years, following a pandemic slump, by nudging customers who love a good discount to pay full price. 


 
KPMG Fined Record $25 Million in Exam-Cheating Scandal

The fine on the auditing firm's Netherlands unit is the largest ever from the Public Company Accounting Oversight Board, eclipsing its $8 million levy on Deloitte Brazil in 2016. 


 
DG Fuels, BP and Johnson Matthey Team Up to Produce Sustainable Aviation Fuel From Sugar Cane

Renewable hydrogen producer, energy giant and chemicals maker plan to manufacture 180 million gallons of SAF a year in Louisiana.


(END) Dow Jones Newswires

04-10-24 1315ET