Nelson Peltz Calls for Disney to Target 'Netflix-Like' Streaming Margins

The activist investor's Trian Fund Management lists that goal among others in its preliminary proxy statement for Disney's annual meeting. 


 
Drugmakers Raise Prices of Ozempic, Mounjaro and Hundreds of Other Drugs

The list prices of 775 brand-name drugs rose during the first half of January. 


 
TSMC Thinks 2024 Will Repower Chip Sales

The world's largest contract chip maker expects revenue to grow over 20% this year-a sign the electronics downturn is finally over. 


 
Target Names Finance Chief Fiddelke Chief Operating Officer

Target has designated its top finance executive, Michael Fiddelke, to succeed John Mulligan as the retailer's chief operating officer. 


 
Birkenstock's First Earnings as a Public Company Disappoint

Adjusted earnings of 13 euro cents a share fell shy of analysts' projections for 15 euro cents a share. 


 
Humana Stock Crumbles as Forecast Cut on Higher Medical Costs

Humana expects fiscal 2023 adjusted earnings of about $26.09 a share, down from the company's prior estimates of $28.25. 


 
Samsung Kicks Off AI Upsell Cycle

Smartphone and PC makers are banking on AI-enabled devices to revive sales this year. 


 
One of Biden's Favorite Chip Projects Is Facing New Delays

Taiwanese chip maker TSMC expects to delay production at the second of two semiconductor plants it is building in Arizona. 


 
Hyundai, Kia Emerge as Tesla's Biggest U.S. Rivals on EVs

A pair of allied Korean carmakers are pushing to launch electric vehicles ahead of competitors. 


 
Spotify Dominates Audio Streaming, but Where Are the Profits?

The company has expanded beyond music to stay ahead but has struggled to make money.


(END) Dow Jones Newswires

01-18-24 1115ET