Purdue Pharma's Sacklers Strike New $6.5 Billion Settlement of Opioid Claims 
 

Purdue Pharma's Sackler family owners have struck a new agreement to settle mass opioid litigation against them for a total of $6.5 billion, New York Attorney General Letitia James said Thursday.

 
GE Aerospace Revenue Surges on New Orders, Boosting Shares 
 

GE Aerospace posted a surge in quarterly revenue that blew past Wall Street's estimates as the jet-engine maker received an influx of orders to end the year.

 
American Airlines Shares Fall as Outlook Overshadows Earnings 
 

The carrier posted higher-than-expected results but its stock price took a hit after its forecast for the current quarter was under Wall Street expectations.

 
Union Pacific Profit Rises as Fuel Spending Slides 
 

The railroad's fourth-quarter freight volumes were boosted by a surge in intermodal business.

 
Mantle Ridge Wins Three Air Products Board Seats as CEO Ghasemi Unseated 
 

Mantle Ridge has been pushing for changes at Air Products, including the replacement of Seifi Ghasemi as chairman and CEO and improvements to the company's strategy and capital allocation.

 
Salzgitter in Talks With Suitors After $1.2 Billion Takeover Approach 
 

The German steelmaker said it is in talks with top shareholder GP Guenter Papenburg and metal-recycling company TSR Recycling about a potential takeover.

 
Freeport, Alcoa Stocks Fall. Tariff Worries Overshadow Strong Earnings. 
 

Aluminum firm Alcoa reported solid fourth-quarter earnings, but trade policy is an overhang on the stock.

 
CNN Cuts Jobs, Prepares New Streaming Rollout 
 

Layoffs affect roughly 200 employees and are part of CEO Mark Thompson's emphasis on digital growth.

 
Some Walmart Managers Get a Raise, Lifting Their Max Pay Above $600,000 
 

The retailer is increasing bonus and stock awards for regional store managers and cutting some perks for office workers.

 
Apple, Google Mobile Ecosystems Face U.K. Probe Under New Tech Rules 
 

The country's Competition and Markets Authority is investigating mobile ecosystems controlled by Apple and Alphabet's Google to work out if they need to obey a strict new law governing digital competition.

(END) Dow Jones Newswires

January 23, 2025 15:00 ET (20:00 GMT)

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