News Highlights: Top Company News of the Day
November 21 2018 - 7:15AM
Dow Jones News
Nissan's Ghosn to Be Detained for 10 More Days
Carlos Ghosn can be detained for an additional 10 days, a
Japanese court said, extending prosecutors' opportunity to grill
the Nissan Motor chairman without a lawyer present.
Apple in Talks to Give Veterans Access to Electronic Medical Records
Apple is in discussions with the Department of Veterans Affairs
to provide portable electronic health records to military
veterans.
Facebook's Zuckerberg Says He Has No Plans to Step Down as Chairman
Facebook CEO Mark Zuckerberg pushed back against calls for him
to step down as chairman and said he hoped to continue working with
his longtime chief operating officer, Sheryl Sandberg, in a TV
interview.
Gap Looking to Close Hundreds of Weaker Stores
Gap Inc. said it is exploring whether to close hundreds of
underperforming stores at its namesake brand, after the unit
reported a 7% decline in quarterly comparable sales.
Ghosn's Arrest Rocks Auto Empire
As Carlos Ghosn remained in detention in Japan for alleged
financial misconduct, members of the globe-spanning automotive
partnership he leads moved to make sense of his arrest and fill the
void left by his absence.
SpaceX Launches First Loan
Elon Musk's SpaceX raised $250 million from its first-ever
high-yield loan sale, shrinking the loan by $500 million after
encountering a mixed reception from investors and worsening
credit-market conditions.
Walgreens, Humana in Preliminary Talks to Take Stakes in Each Other
Walgreens Boots Alliance and Humana are in preliminary
discussions to take equity stakes in each other, as health-industry
players scramble for tie-ups that will help them compete in a
rapidly evolving environment.
Megyn Kelly Nears Deal to Leave NBC News With Entirety of $69 Million Contract
Megyn Kelly is nearing a deal with Comcast Corp.'s NBC News to
walk away with the full value left on her three-year, $69 million
contract with the network, according to people familiar with the
matter.
Airbus Finalizes New Executive Line-Up
European aerospace giant Airbus appointed two outsiders to key
executive jobs, completing a generational overhaul of its executive
ranks as it faces challenges building all the planes it has
promised.
J.Crew Keeping Former CEO's Core Strategy in Place, J.P. Morgan Says
J.Crew Group will keep its recently departed chief executive's
strategies for the core business in place, while curtailing his
spending plans for new brands, according to J.P. Morgan high yield
analyst Carla Casella.
(END) Dow Jones Newswires
November 21, 2018 07:00 ET (12:00 GMT)
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