First Republic Lost $100B in Deposits, Coca-Cola posts higher sales

First Republic Lost $100 Billion in Deposits in Banking Panic

The bank said it will cut head count by as much as 25% and slash executive pay as it restructures its balance sheet.

Apple Wins Appeal in App Store Case Brought by Epic Games

A federal appeals court upheld a ruling that mostly sided with Apple on App Store policies.

Tucker Carlson Is Leaving Fox News

The network will rely on a rotation of hosts until it names a permanent anchor for the 8 p.m. program. Mr. Carlson hosted his last show on Friday.

Don Lemon Departs CNN

The anchor said his agent told him he was out of a job with the cable network after a 17-year run. “I am stunned,” he said.

Carrier Nears $13 Billion Deal for Viessmann

Carrier Global is in advanced talks to acquire the German industrial manufacturer for about $13 billion including debt, according to people familiar with the matter.

How Bud Light Handled an Uproar Over a Promotion With Transgender Advocate

Two executives have been put on leave, and sales of the No. 1 U.S. beer have declined in recent weeks.

Top ESPN+ Executive Cut in Latest Round of Disney Layoffs

Russell Wolff, a veteran executive who oversaw the ESPN+ streaming service, is among those leaving the company as it pursues its previously unveiled plan to trim 7,000 jobs.

CNBC Anchor Alleged NBCUniversal Boss Jeff Shell Sexually Harassed Her, Prompting His Exit

A lawyer for Hadley Gamble said she filed a sexual harassment and sex discrimination complaint at the company; Mr. Shell has said he had an inappropriate relationship with an employee.

Coca-Cola Posts Higher Sales as Consumers Buy Drinks Away From Home

The company’s first-quarter sales rose, led by 8% volume growth for its Smartwater brand. (NYSE:KO)

Google Debuts Cybersecurity-Focused AI System

The platform combines generative AI with threat intelligence for cyber analysts.

(END) Dow Jones Newswires

April 24, 2023 17:00 ET (21:00 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.


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