Monopoly Case Pits Justice Department Against Apple's Antitrust Winning Streak

The iPhone maker has fended off numerous legal challenges with a defense that its closed ecosystem is safer and better for users. 


 
Samsonite Considering U.S. for Potential Second Listing

Luggage maker Samsonite is looking at the U.S. as a potential venue for a second listing, tapping investor appetite in a market that has been hitting new highs. 


 
Hyundai, Kia to Recall EVs in U.S.

Hyundai Motor and sibling company Kia will recall 147,110 electric vehicles in the U.S. over possible defects in a charging unit that could cause a loss of power while running. 


 
Vodafone-Three Pact Faces Further Regulatory Review

The U.K. Competition and Markets Authority plans a further investigation into Vodafone's planned joint venture of its U.K. operations with Three, as it believes the deal could leave consumers and businesses worse off. 


 
IAG Warns Air Europa's Consumers of Personal Data Leak

International Consolidated Airlines Group said personal data of Air Europa consumers has been compromised as a result of a security incident discovered in October. 


 
Robinhood Co-Founder to Step Down as Creative Chief

Baiju Bhatt launched Robinhood with Vlad Tenev in 2013 and served as its co-chief executive until 2020, when he transitioned to chief creative officer. 


 
Nike pivots its strategy, looks once again to outside retailers to drive sales

Amid faltering demand for shoes and clothing and slipping digital sales, Nike Inc. on Thursday said it will bank a lot more on the thing it has spent the past several years turning away from: other retailers. 


 
Lululemon's stock drops on soft revenue forecast

Lululemon Athletica Inc.'s stock slumped 11% in after-hours trading Thursday after the retail company posted quarterly results that topped analysts' revenue and earnings estimates but offered light guidance. 


 
FedEx Stock Jumps After Earnings Beat. The Economy Still Isn't Helping.

Investors get another quarter of success in controlling costs amid falling sales. 


 
Reddit Shares Soar in Long-Awaited IPO

Reddit shares soared in their stock-market debut, an endorsement for the social-media company and a boost for other companies eyeing 2024 IPOs.


(END) Dow Jones Newswires

03-22-24 0515ET