News Highlights: Top Company News of the Day - Tuesday at 3 AM ET

Dow Jones
03-18
 
BYD Shares Touch All-Time High After Unveiling New Charging Tech 
 

BYD's shares rose in Hong Kong after the Chinese electric vehicle giant unveiled its new fast-charging technology and announced an employee share incentive plan.

 
Spain's Biggest Bank Is Making a Big Push in the U.S. 
 

Santander is pursuing new customers through deals with Verizon and others.

 
Google in Fresh Talks to Buy Cybersecurity Startup Wiz for $30 Billion 
 

A new deal could come together soon, after talks fizzled last summer

 
Wells Fargo sees path to growth ahead as another regulatory order is lifted 
 

Wells Fargo & Co. on Monday said that regulators had terminated a 2021 enforcement order related to loss-mitigation issues in its home-lending business, marking the latest such order to be lifted from the bank.

 
Morgan Stanley Went Big on DEI, and No One Is Happy About It 
 

Black and white employees say the efforts added to a divisive culture. Now, as political pressure rises, the bank is watering down initiatives.

 
New Hope Keeps One Eye on Acquisitions in Growth Push 
 

The coal industry has experienced a flurry of dealmaking in recent times, as diversified miners offload coal pits in favor of metals that they expect will be in demand for a global energy transition.

 
Nippon Steel, U.S. Steel Lawsuit Gets Extension 
 

Nippon Steel and U.S. Steel received an extension for their lawsuit over their proposed merger, allowing negotiations with the U.S. government to go on longer.

 
Audi to Cut 7,500 Jobs by 2029; Flattens Management Structure 
 

Audi also said it is flattening its management structure to three levels and is examining where digitalization can help reduce workloads.

 
Guess could become the next fashion company to go private after stock price halves in a year 
 

Guess Inc.'s stock soared 30% on Monday after the maker of clothing, footwear and accessories said it received an offer from New York-based investment company WHP Global to take it private for $13 a share in cash.

 
Bank of America Tightens Oversight of Junior Bankers' Hours 
 

The financial institution also eliminated around 150 junior investment banking roles last week.

 
 

(END) Dow Jones Newswires

March 18, 2025 03:00 ET (07:00 GMT)

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