Corporate News

Tesla

Tesla's stock jumped 8% after passing a key hurdle to roll out its full self-driving capability in China following a review of data security rules.

Tesla also agreed on a mapping data deal with Baidu to aid its full self-driving rollout in China.

Apple

Apple's iPadOS operating system for iPads was said to be subject to tough EU tech rules according to the European Union.

New Apple products went on sale at the company's flagship store in New York.

Domino's Pizza

Domino's Pizza beat sales expectations as food orders remained strong despite economic pressures.

The restaurant chain's performance highlighted resilient consumer demand.

Colgate

Sales of Colgate toothpaste products showed resilience in China despite the country's economic woes.

Chinese consumer spending on household essentials like diapers and Colgate remained robust.

BHP

Mining giant BHP told investors that its potential bid for Anglo American is "on strategy" and in line with its plans.

BHP stressed financial discipline around any acquisition, likely referring to concerns about overpaying.

Norfolk Southern

The proxy advisory firm Glass Lewis endorsed 6 nominee directors proposed by activist investor Ancora for Norfolk Southern's board.

This showed support for Ancora's effort to shake up governance at the railroad operator.

Philips

Philips shares skyrocketed 46% after the company settled a case related to respiratory device recalls in the U.S.

The settlement removed a major legal overhang weighing on the Dutch health technology firm.

Republic First Bank

Fulton Financial's stock jumped after it acquired the deposits and assets of the failed Republic First Bank from regulators.

This highlighted continued fallout from the regional banking crisis in the U.S.

Ford

The U.S. auto safety regulator opened a preliminary probe into Ford's hands-free BlueCruise driving technology.

The investigation relates to potential safety defects in Ford's advanced driver assistance systems.

Hipgnosis Songs

Private equity firm Blackstone outbid music company Concord with a $1.6 billion offer for Hipgnosis' music catalog.

The bidding war reflects the heated competition and valuations for music intellectual property rights.

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