News Highlights: Top Company News of the Day
April 24 2018 - 1:30PM
Dow Jones News
Takeda Makes Last-Gasp Move for Rival Drugmaker Shire
Takeda made a fifth takeover proposal for rival drugmaker Shire,
a last-ditch move by the Japanese company that would likely value
the rare-drug specialist at more than $60 billion.
Coca-Cola Earnings Boosted by New Diet Flavors
Coca-Cola's Diet Coke returned to volume growth in North America
for the first time since 2010 after the drinks company added four
new flavors.
Verizon Holds Its Ground in Wireless Market
Smartwatches and connected cars helped Verizon Communications
Inc. defend its wireless-customer base as the carrier lays the
groundwork for next-generation service at the end of the year.
Yahoo's Successor to Pay $35 Million in Settlement Over Cyber Breach
The company formerly known as Yahoo! agreed to pay $35 million
to settle claims that it failed to adequately disclose a
cybersecurity breach, the first time that regulators have penalized
a public company that was the victim of a hack.
Amazon to Start Offering In-Car Deliveries
The company said it has teamed with General Motors Co. and Volvo
Cars to start offering in-car deliveries, giving its couriers
access to potentially millions of vehicles in 37 U.S. markets.
Google and Facebook Likely to Benefit From Europe's Privacy Crackdown
Big tech companies gain while smaller online ad firms are
squeezed under the European Union's General Data Protection
Regulation, which takes effect in May.
In ZTE Battle, U.S. Suppliers Are Collateral Damage
American companies that supply chips, antennas and other gear to
ZTE are bracing for a sizable revenue loss after the U.S. said they
no longer would be able to sell components to the Chinese
telecommunications giant.
Caterpillar Sales Jump on Strong International Demand
Caterpillar's sales jumped 31% in the first quarter on strength
in construction and mining markets around the world.
China Ride-Hailing Giant Didi in IPO Talks, Likely Beating Uber to Market
Didi Chuxing Technology is holding discussions about a
multibillion-dollar initial public offering that could happen as
soon as this year, as it looks to amass a large war chest to fend
off rivals in China and other countries.
At Southwest Airlines, the Minutes After Disaster Struck
How top management, using updates from the cockpit and
passengers' phones, put the emergency-response plan into action in
Philadelphia and Dallas.
(END) Dow Jones Newswires
April 24, 2018 13:15 ET (17:15 GMT)
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