Top Company News of the Day: Apple, SQM, Credit Suisse, Microsoft

Apple Can Restart Watch Sales as U.S. Court Pauses Ban

A U.S. appeals court temporarily lifted a federal agency’s import ban on Apple watch models while it weighs the company’s request to suspend the ban during litigation over patents.

SQM Strikes Lithium Deal With State-Run Miner Codelco

Chilean lithium company SQM has reached an agreement with state-run miner Codelco to jointly produce the key energy-transition metal that abounds in the country’s desert salt flats.

Singapore Fines Credit Suisse for Bankers’ Misconduct

The Monetary Authority of Singapore imposed a $3 million penalty on Credit Suisse for failing to prevent or detect misconduct by its relationship managers.

New York Times Sues Microsoft and OpenAI, Alleging Copyright Infringement

The Times said the tech companies’ AI tools use its content without permission. The tech companies have said training AI with web content is fair use.

Amazon’s Prime Video to start showing ads on Jan. 29

Subscribers of Amazon’s Prime Video have one more month before they start seeing commercials — or have to pay more to avoid them

The Pandemic’s E-Commerce Stars Are Coping

Online retailers that experienced dizzying growth in 2020 and 2021 are settling into their postpandemic reality.

Can Obesity Firms Continue Their Outperformance in 2024?

In pharma, a company can take a larger slice of the healthcare pie than peers, but it is still constrained by the size of the pie.

Williams Cos. to Buy Gulf Coast Natural Gas Storage Portfolio for $1.95 Billion

Energy infrastructure company Williams Cos. has inked a deal to buy a portfolio of Gulf Coast natural-gas storage assets from an affiliate of commodities-trading company Hartree Partners for $1.95 billion.

Hapag-Lloyd to Continue Avoiding Red Sea Route

German shipping company Hapag-Lloyd said it will continue to avoid the Red Sea because it considers the area is still too dangerous despite the U.S. and allies deploying naval ships to deter further strikes by Houthi militants.

The Chip Wars Are Metastasizing

The fight for chip tech supremacy has begun to migrate into a new area: how to package chips together to achieve better performance.

Source: Dow Jones Newswires


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