Top Company News of the Day: GE, ChatGPT, CNN, PGA Tour

U.S. Nears Deal to Produce GE Jet-Fighter Engine in India

The two nations are working to meet the threat from China and reduce New Delhi’s dependence on Russia for military equipment.

The Global Brands Coming to a Mall Near You

American consumers have long been renowned for their spending power. Now global retailers want a bigger slice of the action.

Commonwealth Bank of Australia Restricts Staff From Using ChatGPT

EXCLUSIVE: Australia’s largest lender, Commonwealth Bank of Australia, has restricted its employees from using popular artificial-intelligence chatbot ChatGPT, instead setting up and operating its own in-house system.

Top CNN Anchors Criticize CEO Chris Licht’s Leadership

Jake Tapper, Erin Burnett and Anderson Cooper are among the personalities voicing concerns about embattled chief executive.

PGA Tour Deal With LIV Golf Puts Sponsors on the Spot

Sponsors and other companies affiliated with the PGA Tour will face a reckoning in the wake of the golf powerhouse’s decision to combine with the Saudi-backed upstart LIV Golf, marketing executives said.

Indian Education-Tech Firm Byju’s Sues Lenders That Seek to Enforce Default

Byju’s, backed by a number of high-profile investors, alleges lenders concocted bogus default claims to take control of the company

Judge Punts on Legality of Decentralized Finance Protocol PoolTogether

More than a year and a half after a user of the decentralized finance protocol PoolTogether brought a lawsuit challenging its legality, a federal judge in New York on Tuesday said questions it raised should be handled in state court.

Merck Challenges U.S. Government’s New Powers to Negotiate Drug Prices

The drugmaker filed a lawsuit saying Medicare’s drug-price negotiation program violates the company’s constitutional rights.

RV-Maker Thor’s Sales Are Picking Up Amid Discounts

Company executives remain cautious as rising interest rates and inflation weigh on consumers and discretionary spending.

Boeing Delays Dreamliner Deliveries After New Defect Found

The FAA said the plane maker notified regulators of the latest issue.

Source: Dow Jones Newswires


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