U.S. Sues Apple, Alleges Tech Giant Exploits Illegal Monopoly

The Justice Department says iPhone maker leveraged its dominance to block software and limit functionality of competing devices. 


 
Korean Air to Order Airbus A350 Jets in $13.7 Billion Deal

South Korean flag carrier says the deal with the European plane maker is set to include 27 A350-1000s and six A350-900s , which it plans to deploy on routes such as Seoul to New York. 


 
Nelson Peltz Wins Key Endorsement in Disney Battle

Institutional Shareholder Services, the influential proxy-advisory firm, recommended that Disney shareholders vote to add the activist investor to the board of the entertainment giant. 


 
Clorox to Divest Operations in Argentina, Uruguay, Paraguay

The company said it is selling certain wholly owned subsidiaries to Apex Capital, a private equity fund. Financial terms weren't disclosed. 


 
Airline CEOs Seek Meeting With Boeing Directors to Address Production Problems

Several major carriers are making the unusual request as frustrations mount following the Alaska Airlines 737 MAX blowout. 


 
Medicare Opens Door for Covering Obesity Drugs

Some Medicare members could get help paying for popular new weight-loss drug Wegovy-as long as they have a history of heart disease and are using it to prevent recurring heart attacks and strokes. 


 
Elizabeth Warren Urges SEC to Investigate Tesla Over Board Independence

The senator raised concerns about potential conflicts of interest between the carmaker and the private companies Elon Musk runs. 


 
Olive Garden parent's stock dives as lower income consumer spends much less

Darden Restaurants' stock took a bitter turn Thursday, after the parent of the Olive Garden and Ruth's Chris Steak House chains reported a surprise decline in same-restaurant sales, citing a tough sales environment. 


 
Li Auto Cuts Sales Target on Weak Order Intake

Li Auto cut guidance for first-quarter car sales after its chief executive acknowledged missteps in the rollout strategy for its first fully electric car. 


 
Build-A-Bear's Shipping Expenses Pushed Up By Red Sea Attacks. Will Stuffed Bears Cost More?

Build-A-Bear is seeing the effects of the attacks on commercial shipping in the Red Sea on its supply-chain. Shoppers may too.


(END) Dow Jones Newswires

03-21-24 1115ET