Xiaomi Shares Jump After Launch of Its First Electric Vehicle

Xiaomi's shares surged after the tech company unveiled its maiden electric vehicle, a competitively-priced sedan vying against Tesla and others for market share in China's crowded EV space. 


 
Disney Winning Proxy Fight Against Trian With More Than Half of Votes Cast

BlackRock and T. Rowe Price are among the major investors backing Disney; voting continues through April 3 meeting. 


 
The Disarray Inside Boeing's 737 Factory Before the Door Plug Blowout

Factory logs indicate missed procedures, confusion and delays during the production of the jet that later burst open in flight. 


 
Two Members of Warner Bros. Discovery's Board Resign to Resolve Antitrust Concerns

Steven Miron and Steve Newhouse have ties to cable provider Charter, which Justice Department says competes with WBD. 


 
Acorda Therapeutics Files for Bankruptcy Protection

Acorda Therapeutics said it filed for bankruptcy protection and secured a "stalking horse" bid for its assets ahead of an auction process. 


 
Healthcare stocks fade as obesity-drug optimism fades

Healthcare companies fell sharply Monday as ebullience about a new class of weight control drugs subsided. 


 
South Korea's Hanwha Ocean Makes $649 Million Offer for Austal

Austal said any takeover would require approval not only from Australia's foreign-investment watchdog but also the Committee on Foreign Investment in the U.S. and the U.S. Defense Counterintelligence and Security Agency. 


 
Trump Media Shares Tumble After Recent Cash Crunch Disclosed

The stock's plunge erased more than $1 billion from Donald Trump's approximately 57% stake in the company. 


 
Google Pledges to Destroy Browsing Data to Settle 'Incognito' Lawsuit

The move is part of a settlement of a lawsuit that alleged the company tracked millions of users without their knowledge. 


 
Tesla Takes Back the EV Crown From BYD. The Stock Falls Anyway.

The U.S. EV maker is coming off its worst first-quarter of the year ever in terms of stock performance.


(END) Dow Jones Newswires

04-02-24 0315ET