News Highlights: Top Company News of the Day
10 October 2019 - 2:30PM
Dow Jones News
Delta Hires to Avoid Repeat of Summer Squeeze
Delta Air Lines is hiring to avoid a repeat of the squeeze that
affected its operations during the summer, adding to investor
concern over carrier costs.
Luxury Shares Jump After LVMH Powers Through Hong Kong Protests
Strong third-quarter results at LVMH Moët Hennessy Louis Vuitton
buoyed shares across the luxury sector, easing fears that months of
protests in Hong Kong and U.S.-China trade tensions would make a
dent in global sales of high-end brands.
Trump Signs Off on Licenses for Doing Business With Huawei
The White House has signed off on special licenses for some U.S.
companies to do some business with Chinese telecom giant
Huawei.
Apple Pulls Hong Kong Cop-Tracking Map App After China Uproar
Apple removed from its app store an app, called HKmap.live, that
citizens and protesters in Hong Kong used to track police activity,
thrusting the tech giant deeper into the furor engulfing U.S.
companies over the protests.
Fidelity Cuts Online Trading Commissions to Zero
Fidelity Investments eliminated trading commissions on its
online brokerage, matching a step some of its biggest rivals
unveiled last week.
Exploding Kittens Draws Funding to Create More Games, Explore Entertainment
The company behind Exploding Kittens, the popular card game that
combines whimsical drawings of felines with cutthroat strategy, has
sold a $30 million minority stake to a prominent media investor to
help fund future growth.
Samsung Display to Invest Nearly $11 Billion to Upgrade Production Lines
Samsung Display, a Samsung Electronics Co. unit supplying flat
screens to Apple Inc., said it plans to invest $10.93 billion to
upgrade its production lines by 2025.
UCB to Acquire Ra Pharmaceuticals in $2.1 Billion Deal
Shareholders of Ra Pharma will receive $48 for each share
held.
AI Startup Clari Raises $60 Million in New Funding
Clari, a provider of an artificial-intelligence-based sales and
marketing platform, said it raised an additional $60 million in
venture-capital funding to bring its total to $135 million.
Facebook CEO to Testify at House Panel About Libra
Facebook CEO Mark Zuckerberg is slated to return to Capitol Hill
this month to testify before a House panel about the company's
foray into cryptocurrency.
(END) Dow Jones Newswires
October 10, 2019 09:15 ET (13:15 GMT)
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