Goldman in Talks to Unload GM Credit-Card Partnership to Barclays

The deal including roughly $2 billion of card balances could be struck by summer. 


 
Samsung's Net Profit Quadruples as Chip Business Rebounds

The South Korean tech giant's flagship semiconductor business swung to profit on higher memory-chip prices amid the artificial-intelligence boom. 


 
HSBC Quarterly Profit Falls; Group CEO to Retire

HSBC said its first-quarter net profit dropped due partly to lower net interest income and higher credit costs and announced the retirement of its CEO Noel Quinn. 


 
Microsoft to Invest $1.7 Billion in AI Infrastructure in Indonesia

The U.S. tech giant said the investment will build on plans to build the company's first data center region in Indonesia and mark its single biggest investment in Southeast Asia's largest economy. 


 
McDonald's Supersizes China Bet as Corporate America Pulls Back

The fast-food chain aims to nearly double restaurants in the country after spending $1.8 billion to buy back a bigger stake in the company's business there. 


 
How Bob Bakish, the Anti-Mogul CEO, Struggled to Rescue Paramount

The company veteran stepped down Monday with Paramount in the midst of a merger drama. 


 
WeWork to Advance Bankruptcy Plan That Would Hand Control to Yardi Systems

WeWork cleared one of the last remaining hurdles to hand control of the co-working business over to service partner Yardi Systems in a bankruptcy restructuring that would value the company at a fraction of what it was worth at its peak five years ago. 


 
FCC Fines Wireless Carriers for Sharing Customer Data

The agency said four carriers sold access to customers' location data to aggregators. 


 
Peacock raising prices by $2 a month ahead of Summer Olympics

Peacock is raising prices again, a year after its last price hike and just in time for the Summer Olympics. 


 
NBC Prepares $2.5-Billion-a-Year Bid to Pluck NBA Rights From TNT

The league is in advanced stages of a new round of media-rights deals. Disney's payments would increase under a proposed deal.


(END) Dow Jones Newswires

04-30-24 0115ET