News Highlights: Top Company News of the Day
May 27 2018 - 9:30PM
Dow Jones News
China Set to Approve Qualcomm-NXP Deal, a Sign of Easing Trade Tensions
Chinese authorities are set to approve Qualcomm's planned $44
billion acquisition of NXP Semiconductors in the next few days, in
what would be a significant step toward easing U.S.-China trade
relations.
ZTE Shareholders Are in Limbo Amid U.S.-China Dispute
While ZTE Corp. is caught in the middle of U.S.-China trade
tensions, the telecom giant's current and prospective shareholders
can't do anything about it, thanks to a weekslong trading
suspension.
In Anti-Bias Training, Starbucks Enlists Hip-Hop Artist, Chairman
Starbucks is hoping that anti-bias training will help prevent
fraught encounters like the one that led to the arrest of two black
men at one of its cafes last month, but how effective it will be is
an open question.
Beijing's New Superpowers Over Movie Industry Frustrate Hollywood Studios
U.S. movie studios have hit an impasse in talks with China about
a new film-distribution agreement on market access for Hollywood
films in China.
Fiat Chrysler Expected to Outline Future Without CEO Marchionne
A decade after Chrysler filed for bankruptcy, a nearly debt-free
Fiat Chrysler Automobiles is preparing to unveil a growth plan for
the next five years at a test track outside Milan.
Japan's Videogames Are Winning Over U.S. Gamers
Videogame developers in Japan are creating more U.S. hits, like
"DanMachi" and "Persona 5," with compelling stories and anime-style
animation that resonate with Americans raised on Pokémon and
Yu-Gi-Oh!
Jeff Bezos: 'We Must Go Back to the Moon, and This Time to Stay'
Amazon.com founder and CEO Jeff Bezos vowed to use his rocket
startup to develop robotic rovers and perhaps human habitats on the
moon's surface, even if such projects fail to win financial support
from the U.S. government.
Cheers! Coca-Cola Launches Its First Alcoholic Drink
A fizzy lemon-flavored alcoholic beverage that goes on sale in
Japan on Monday will mark Coca-Cola's first fling at selling
alcohol in its 132-year history.
Canadian Pacific Railway Unions File Strike Notice
The Teamsters Canada Rail Conference and the International
Brotherhood of Electrical Workers notified Canadian Pacific Railway
of a potential Tuesday night strike.
Trump Team Seeks Truce With Congress Over ZTE
The Trump administration is scrambling on Capitol Hill to keep
lawmakers from undermining talks with China by blocking a deal to
roll back penalties on telecom giant ZTE.
(END) Dow Jones Newswires
May 27, 2018 21:15 ET (01:15 GMT)
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