News Highlights: Top Company News of the Day - Thursday at 11 PM ET

Dow Jones
21 Mar
 
Google's Cybersecurity Deal Spins Tiny Investment Into $4 Billion Windfall 
 

Index Ventures is set to earn a 250-fold return on its seed money in a startup that Google has agreed to buy.

 
FedEx Cuts Outlook, Despite Higher Profit, Sales 
 

FedEx cut its outlook for the year, citing weak demand for business-to-business shipments stemming from continued weakness and uncertainty in America's industrial economy.

 
Nike Forecast Steeper Fourth-Quarter Sales Drop in Early Days of Turnaround 
 

Nike expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a turnaround.

 
Nvidia CEO Jensen Huang Apologizes for His Quantum Effect 
 

Nvidia CEO Jensen Huang offered a quantum-level climb-down on Thursday, after spooking quantum-computing companies earlier this year with his assessment that their efforts wouldn't be "very useful" for 15 to 30 years.

 
Energy Capital's Partnership With Abu Dhabi's ADQ Also Seen Profiting KKR 
 

A $25 billion investment agreement with the ADQ sovereign-wealth fund will also lift the private-equity firm's $50 billion collaboration with KKR, ECP's founder says.

 
Boeing Sued for Wrongful Death by Family of Whistleblower 
 

Lawsuit by family of John Barnett blames jet maker for 2024 suicide; Boeing says it is saddened by his death.

 
Carnival's Earnings Are a Test of Consumer Confidence. Tune In Friday. 
 

The cruise operator's earnings will provide an update on the health of the travel industry but they could be equally important as an indicator about the broader economy.

 
Ben & Jerry's Founders Say They Stand Behind Ousted CEO 
 

The executive's dismissal is latest dust-up in a yearslong conflict between the brand and its parent company, Unilever.

 
Tesla Recalls Most Cybertrucks 
 

More than 46,000 of the electric vehicles are being recalled over the potential for an exterior panel to fall off.

 
Accenture Begins to Feel the Trump Crackdown on Consultants 
 

GSA has asked federal agencies to justify which consulting contracts are mission critical.

 
 

(END) Dow Jones Newswires

March 20, 2025 23:00 ET (03:00 GMT)

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