News Highlights: Top Company News of the Day
18 November 2019 - 2:30AM
Dow Jones News
Yahoo Japan and Chat App Line Agree to Merge
Internet portal Yahoo Japan and chat app Line said they have a
basic agreement to merge in a deal that includes buying out Line's
minority shareholders.
FAA Chief Explores Overhaul of Plane Approvals After 737 MAX Crashes
U.S. air-safety regulators are considering ways to alter
fundamentally how they certify aircraft in the wake of Boeing's 737
MAX crisis, the head of the Federal Aviation Administration said in
an interview.
Activist Investor Takes Another Bite at Medifast
An activist investor is coming back for a second serving of
nutrition and weight-loss company Medifast.
HP Rejects Xerox Offer but Remains Open to a Deal
HP rejected a $33 billion takeover offer from Xerox as too low,
but the PC and printer maker made clear it is interested in
discussing a deal to combine with its smaller rival.
Aramco IPO Aims to Value Energy Giant at Up to $1.7 Trillion
Saudi Arabia's state-owned energy company is aiming for a
valuation of $1.6 trillion to $1.7 trillion from its planned
initial public offering, falling well short of the initial $2
trillion targeted by Crown Prince Mohammed bin Salman.
Barrick Gold Sells Stake in Australia's Super Pit Mine
Barrick Gold Corp. has struck a deal to sell its half of the
Kalgoorlie Super Pit mine in the renowned "Golden Mile" region of
Western Australia to local gold producer Saracen Mineral Holdings
Ltd. for $750 million.
Netflix and Disney Battle Hallmark for Christmas Viewers
Two cable channels that have long dominated the holiday movie
genre are facing new competition from Netflix, Disney+ and Apple,
which are all aiming to carve out space in a once-sleepy corner of
the movie business.
With Ford Deal Done, UAW Turns To Fiat Chrysler
United Auto Workers negotiators turn to Fiat Chrysler
Automobiles, where a proposed corporate merger with French auto
maker PSA Group threatens to complicate contract talks.
J&J Rapidly Tested Its Baby Powder After Asbestos Finding-and the Results Were Complicated
Johnson & Johnson rushed to announce its famous baby powder
contained no asbestos after the Food and Drug Administration
triggered a recall last month-but results of J&J's tests
weren't cut and dried.
EA Needs the Force to Be Strong With This One
Electronic Arts released "Star Wars Jedi: Fallen Order" on
Friday. Fortunately, the stars seem to be aligning for the
videogame publisher.
(END) Dow Jones Newswires
November 17, 2019 21:15 ET (02:15 GMT)
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