News Highlights: Top Company News of the Day

Date : 24/06/2019 @ 07:15
Source : Dow Jones News

News Highlights: Top Company News of the Day

U.S. Considers Requiring 5G Equipment for Domestic Use Be Made Outside China 

The Trump administration is considering requiring that next-generation 5G cellular equipment used in the U.S. be designed and manufactured outside China, a move that could reshape global manufacturing.

Fiat Chrysler and Renault Hope Merger Talks Will Restart Soon 

The outcome of a vote by Nissan shareholders this week could help determine whether Fiat Chrysler Automobiles and Renault can revive their $40 billion merger talks.

FedEx Slashes Prices to Fill Its Planes 

FedEx is offering big discounts to woo online merchants to its air network as it seeks to refashion a delivery system ill-equipped for the rise of e-commerce.

It's Not Too Late for Bayer to Heal 

Shares of chemicals and pharmaceuticals giant Bayer have been laid low by legal liabilities from its deal for Monsanto, but the situation is likely to improve.

Daimler Warns on Earnings 

Daimler lowered its full-year earnings expectations on an increase in expenses related to proceedings around diesel emissions.

Facebook's Libra Is a License to Print Money 

A bunch of big companies have agreed to pony up $10 million each to take part, and it is easy to see why: On some reasonable-sounding assumptions about its takeup, it could be insanely profitable in real money, too.

Indexing Giant Vanguard Examines a Push Into Private Equity 

Vanguard Group has had exploratory discussions with a handful of private-equity firms as the indexing giant considers whether to push further into alternative investments.

Restaurants Are Arm-Twisting Delivery Companies to Lower Fees 

Some restaurant operators are pushing back against fees charged by delivery companies, turning up the heat on young businesses already wrestling with rivals in a crowded market for bringing food to people's doors.

Tyson Foods, Boeing, Slack: Stocks That Defined The Week 

Here are seven stocks that defined the week in business news.

Carnival's Foul Forecast Isn't Clearing Up 

Industry headwinds hit cruise line stocks Thursday, but could rock Carnival this year.


(END) Dow Jones Newswires

June 24, 2019 03:00 ET (07:00 GMT)

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