Visa, Mastercard agree to lower credit-card fees in landmark merchant settlement

Visa and Mastercard agreed to lower and cap credit-card interchange rates as part of a landmark settlement with U.S. merchants. 


 
Krispy Kreme Stock Jumps After Expanding Partnership With McDonald's

Shares of Krispy Kreme surged after the donut maker said it has reached a deal to sell its donuts at McDonald's restaurants across the U.S. 


 
Alibaba Scraps Logistics Listing as Hong Kong IPO Woes Worsen

The Chinese internet company has abandoned plans to list Cainiao, dealing a blow to Hong Kong's beleaguered initial public offering market. 


 
McCormick Logs Higher 1Q Sales, Earnings

The spices and flavorings company recorded higher sales and earnings in its fiscal first quarter as costs came down and higher prices offset a downtick in volumes. 


 
Amazon Expands Same-Day Pharmacy Delivery to New York, Los Angeles

The online shopping giant wants to make prescription delivery as convenient as its traditional shipments. 


 
Larry Fink Says World Leaders Must Address Growing Retirement Crisis

The BlackRock CEO's annual letter says demographics will strain retirement systems. 


 
Boeing's Next CEO Will Have 'Massive Job' at Company in Crisis

David Calhoun was brought in to fix Boeing's issues, but he will leave a big repair job for the next leader. 


 
Nvidia Partner Plans $4 Billion Investment in Indiana

The South Korean memory chip maker is expected to build an advanced-packaging facility in West Lafayette, creating up to 1,000 jobs. 


 
Trump-Friendly Truth Social Board to Decide When He Can Cash In

The board members, including Donald Trump's son and former cabinet members, will make a key decision. 


 
Adam Neumann Bids to Buy Back WeWork for More Than $500 Million

The former chief executive of the co-working space provider said last month he was aiming to put together a bid.


(END) Dow Jones Newswires

03-26-24 0915ET