Carl Icahn Reports Stake in JetBlue

The activist investor has a nearly 10% stake in the airline and may consider pushing for board representation. 


 
Tesla Stock Broke Its Four-Day Rally. Why It's Falling Again Tuesday.

The electric vehicle maker is now the second worst performer in the S&P 500 so far in 2024, down 24.3%. 


 
BlackBerry to Cut Additional Jobs in Profitability Push

The company said it had made progress toward separating its internet-of-things and cybersecurity businesses and expects a positive cash position in the coming fiscal year. 


 
Super Bowl Ratings: Chiefs' Victory Over 49ers Breaks Viewership Records

Sunday's game drew 123.4 million viewers, boosted by an overtime comeback win and the presence of Taylor Swift. 


 
U.S. Lawmakers Seek Investigation Against China's WuXi AppTec

Lawmakers in the U.S. have written to various government bodies, seeking to investigate Chinese biotech company WuXi AppTec over alleged ties to the Chinese military. 


 
Tougher Rent Laws Are Behind Trouble at NYCB

The lender is coming under pressure as property values drop at rent-stabilized apartment buildings. 


 
Macquarie Reports Fall in Quarterly Net Profit

Macquarie Group said its underlying client franchises remained resilient, despite net profit falling back in the third quarter across its main business units. 


 
TUI Posts Surprise Profit as Sales Surge

TUI reported record quarterly revenue and modest underlying earnings as demand from customers increased, and confirmed its financial forecasts for the year. 


 
Michelin to Buy Back Shares After Flat 2023 Earnings

The French tire maker said the share buyback could be worth up to EUR1 billion over the 2024-2026 period. It also declared a EUR1.35 dividend for the year. 


 
Express Prepares for Debt Restructuring and Possible Bankruptcy Within Weeks

The apparel retailer has hired M3 and Kirkland & Ellis to advise it on discussions with lenders.


(END) Dow Jones Newswires

02-13-24 0715ET