News Highlights: Top Company News of the Day
23 September 2019 - 2:15PM
Dow Jones News
Snap Detailed Facebook's Aggressive Tactics in 'Project Voldemort' Dossier
Facebook has been Silicon Valley's 800-pound gorilla, squashing
rivals, ripping off their best ideas or buying them outright. But
now the knives are coming out.
PG&E Moves Forward With $11 Billion Settlement Plan
PG&E said it has formalized an $11 billion settlement with
insurance companies over wildfire claims.
Thomas Cook Collapses, Forcing U.K. to Fly Tens of Thousands Home
Thomas Cook Group, the 178-year-old British travel company,
collapsed after failing to conclude a rescue deal with investors
and creditors, forcing the U.K. government to repatriate tens of
thousands of travelers and putting thousands of people out of
work.
California Courts Could Set Speed Limit on Uber's Valuation
Under California's bill, ruling drivers as employees would mean
the state's courts interpret Uber's core service to be
transportation, not technology.
IEX Exchange to Exit Listings Business
IEX Group will abandon its struggling listings effort after the
upstart exchange's only listed company decided to jump ship.
Postmates Rolls Out Robots in Los Angeles as It Preps for IPO
On-demand delivery company Postmates Inc., which is preparing to
go public, is launching autonomous robots to deliver food.
Parents, Beware: Nerf's Newest Blasters Won't Fire Knockoff Darts
Hasbro is waging a counterattack against Nerf knockoffs with a
new line of blasters and darts that only work with each other.
Some WeWork Board Members Seek to Remove Adam Neumann as CEO
A bloc of WeWork directors is planning to push Adam Neumann to
step down as chief executive after a tumultuous week.
GM Strike Heads Into a Second Week
The strike is already the UAW's longest nationwide walkout at GM
since 1970.
Aramco's Repairs Could Take Months Longer Than Company Anticipates, Contractors Say
Aramco is telling contractors to spare no expense getting
facilities in working order after attacks.
(END) Dow Jones Newswires
September 23, 2019 09:00 ET (13:00 GMT)
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