Sanofi to Settle Claims That Heartburn Drug Zantac Caused Cancer

The French healthcare company said the deal would require the consent of individual plaintiffs and would take time to conclude. 


 
PepsiCo and Carrefour End Food Fight, Returning Snacks and Drinks to Shelves

Food giant and one of Europe's largest grocers said they had reached a deal for PepsiCo products to return to stores in France. 


 
How Disney's Bob Iger Vanquished Wall Street Agitator Nelson Peltz

The CEO rolled out of a string of initiatives that helped inoculate the company against the activist's attack. 


 
Apple Isn't Making an EV, but Chinese Phone Makers Are Showing They Can

The tech heavyweights looking to electric vehicles for their second act are jumping into a brutal price war. 


 
Big Pharma Stocks Need a Rethink. Investors Keep Making the Same Mistake.

Pfizer's patent expirations are great for humanity but terrible for investors. It's a common story across the drug industry. 


 
Musk Says Tesla Is Boosting Engineer Pay in AI Talent War

Tesla is raising compensation for its artificial intelligence engineers in a bid to ward off poaching from the likes of OpenAI, according to Chief Executive Elon Musk. 


 
Fisker Withdraws Guidance Amid Strategic Options Evaluation

Fisker also disclosed that board member William McDermott had resigned, and appointed John Dubel as his replacement. 


 
BlackBerry swings to surprise profit on sales growth for IoT, cybersecurity units

BlackBerry's stock jump more than 6% after surprise quarterly profit for the tech company. 


 
Paramount Enters Exclusive Merger Talks With Skydance, Spurning $26 Billion Offer From Apollo

An agreement would pave the way for an exit by controlling shareholder Shari Redstone. Paramount's shares climbed 15%. 


 
Beauty Slowdown Reflects Cracks in Consumer Spending

The entire beauty category is experiencing weaker spending across price points and product segments, says Ulta's CEO.


(END) Dow Jones Newswires

04-04-24 0315ET