McDonald's Outages Disrupting Global Stores, Including in Japan, Hong Kong

McDonald's locations in Japan and Hong Kong are facing disruptions from reported issues with their computer systems. 


 
Swisscom to Buy Vodafone's Italy Unit

Swisscom agreed to buy Vodafone's Italian business for $8.7 billion, a deal that completes the U.K. telecom company's simplification of its European portfolio. 


 
Nvidia and AI Have Given the Chip Industry a Lot to Prove

Semiconductor valuations remain expensive even after selloff and with Nvidia's Next Big Thing coming. 


 
New Airbnb CFO Takes Helm at Inflection Point for Travel Industry

Ellie Mertz takes over as the online property rental company looks to evolve through a mix of geographic expansion and new products. 


 
China Signals Opposition to Forced Sale of TikTok in U.S.

Beijing's stance leaves ByteDance in a bind as TikTok faces the most serious threat yet to its existence in its biggest market, where it has 170 million users. 


 
Nissan Motor, Honda Motor to Consider EV Partnership

Nissan Motor and Honda Motor will consider an electric-vehicle partnership as part of efforts to cut carbon emissions and reduce fatal accidents. 


 
European Commission Opens Probe Into Alibaba's AliExpress

The European Commission has launched an investigation into e-commerce platform AliExpress, owned by Chinese technology giant Alibaba, on concerns the company isn't taking adequate measures to prevent the distribution of illegal goods and content online. 


 
WuXi AppTec Says It Left Washington Lobbying Group Voluntarily

The trade group has since updated its statement on Thursday, saying that WuXi AppTec "proactively ended its membership in BIO." 


 
Kazatomprom Backs Output Targets as Profits Surge

Kazatomprom, the world's largest producer of uranium, booked a jump in annual profits due to high prices and confirmed this year's production target but said global output won't cover demand post-2030. 


 
Adobe had a strong quarter, but stock sinks as analysts want more digital-media revenue

Adobe Inc.'s stock dipped 11% in extended trading Thursday after the company posted robust quarterly results that highlighted its AI push ahead of its annual developers conference. The company also announced a $25 billion share-buyback program.


(END) Dow Jones Newswires

03-15-24 0715ET