News Highlights: Top Company News of the Day
08 July 2020 - 2:30AM
Dow Jones News
Civil-Rights Groups Express Disappointment With Facebook Meeting
Civil-rights advocates came out of a meeting Tuesday with
Facebook Chief Executive Mark Zuckerberg saying they didn't make
progress on their demands over how the social-media giant polices
the platform.
Another Former eBay Worker Is Accused of Cyberstalking
A retired police captain who oversaw security at eBay's European
and Asian offices has been charged in a cyberstalking campaign that
targeted a couple whom eBay executives viewed as critical of the
company.
AMC Nears Financing Deal to Avert Near-Term Bankruptcy
The cinema chain is nearing a restructuring deal that would help
stave off a near-term bankruptcy filing while turning down a
competing financing offer from senior lenders including Apollo.
Lyft's Recovery Looks Overheated
Amid the pandemic, Lyft is a ride-hailing pure play trading like
it has Uber's diversification.
The Coronavirus Redraws the Car Market's World Map
The global auto market is splitting three ways, complicating
efforts by the industry's main players to recover from their
deepest crisis in years.
Judge Questions Bayer's Roundup Settlement Plan
A federal judge cast doubt on Bayer's proposal to neatly resolve
all future lawsuits over the safety of its Roundup weedkiller,
potentially snagging the German company's attempts to move past the
massive liability.
Cosco Strikes Blockchain Pact for Ocean Cargo With Alibaba, Ant
China's state-run container line Cosco Shipping Holdings Ltd.
will work with Alibaba and Ant, the e-commerce giant's financial
technology affiliate, on using blockchain technology to track goods
across seaborne supply chains.
U.S. Commits $2 Billion for Covid-19 Vaccine, Drug Supplies
The federal government awarded $2 billion to two drugmakers to
support development and manufacturing of an experimental drug and a
potential vaccine against Covid-19.
Big Tech's Stand on Hong Kong Law Reveals Wider Fears at Foreign Firms
The stand taken by several American tech giants against China's
national-security law in Hong Kong reveals concerns many foreign
companies in the city are discussing internally but dare not
discuss publicly.
Luckin Coffee Shareholder Vote Is Challenged After Chairman Determines Outcome
Luckin Coffee has yet to release the results of a controversial
shareholder vote during which Chairman Charles Lu reclassified the
supervoting shares of one representative.
(END) Dow Jones Newswires
July 07, 2020 21:15 ET (01:15 GMT)
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