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News Highlights: Top Company News of the Day - Wednesday at 5 AM ET


News Highlights: Top Company News of the Day - Wednesday at 5 AM ET

Oracle to Invest $6.5 Billion in AI and Cloud Infrastructure in Malaysia

Oracle Corp. plans to invest more than $6.5 billion to establish a public cloud region in Malaysia, aiming to meet the country's growing demand for artificial intelligence and cloud services.

Splitting the healthcare company into stand-alone pharmacy or health insurance businesses could leave each struggling.

Airlines are adjusting flight routes and grounding planes as the industry monitors the situation in the Middle East.

The board of LPL Financial Holdings terminated Dan Arnold as the retail investment advisory firm's top executive for having violated the company's commitment to a respectful workplace.

Barclays analyst Tim Long made some recent supply chain channel checks and believes that Apple may have just cut orders at a Taiwanese supplier for the December quarter.

A former Jacksonville Jaguars employee who embezzled money from the team to fund his fantasy-sports habit alleges that the betting company manipulated him.

Virginia Drosos plans to retire in November after serving at the helm of the jewelry company since 2017.

Publishers turn to subscriptions in search of new revenue, entering a crowded field.

French energy major TotalEnergies said it would invest $10.5 billion in a large offshore oil-and-gas field in Suriname, in what would be the South American country's first offshore hydrocarbon development.

The sneaker company is reducing supply of its Air Force 1, Air Jordan 1 and Dunk models to revive consumers' interest.

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