News Highlights: Top Company News of the Day
March 25 2019 - 7:30PM
Dow Jones News
McDonald's Buys Israeli Digital Startup Dynamic Yield
McDonald's Corp. is buying Israeli Dynamic Yield Ltd., in a bid
to improve in-store ordering and online marketing at the burger
giant.
WeWork's Annual Loss Doubles to Nearly $2 Billion
WeWork said its loss last year doubled to nearly $2 billion, as
the nine-year-old company spent heavily in an effort to rapidly
expand its network of shared offices around the world.
DOT Panel to Review FAA Approval Process for Boeing 737 MAX
The U.S. Department of Transportation is creating a special
committee of experts to review the Federal Aviation
Administration's safety approval process for Boeing Co.'s 737 MAX
aircraft.
Airbus and China Sign Mega-Deal for 300 Aircraft
Airbus and China Aviation Supplies Holding have signed an
agreement for the purchase of 300 aircraft, Airbus said Monday.
Red Hat Beats Wall Street Targets For Profit, Misses on Revenue in Latest Period
Red Hat Inc. swung to a fourth-quarter profit of $139.5 million,
or 75 cents a share, beating Wall Street targets.
Apple Launches TV App, Credit Card, Subscription Services
The tech giant unveiled a suite of new products that extend its
reach in entertainment, financial services, news and videogames in
a major strategic shift.
Wesfarmers Plans A$1.5 Billion Takeover of Rare Earths Miner Lynas
Wesfarmers said it has approached Lynas about a takeover that
would value the rare earths miner at 1.5 billion Australian dollars
(US$1.1 billion).
France's CMA CGM to Buy Chinese-Made Container Ships
French shipping operator CMA CGM has ordered 10 container
megaships from state-owned China State Shipbuilding as part of a
string of deals signed by Chinese President Xi Jinping and French
counterpart Emmanuel Macron.
Avenatti Charged With Bank Fraud, Attempted Extortion From Nike
Attorney Michael Avenatti, who seized the spotlight last year as
a lawyer for adult-film actress Stormy Daniels, was arrested Monday
and charged in two federal cases with wire fraud, bank fraud and
attempting to extort more than $20 million from Nike.
Bayer, J&J to Pay $775 Million to Settle Xarelto Litigation
Johnson & Johnson and Bayer have agreed to pay $775 million
to resolve claims that the blood thinner Xarelto causes excessive
bleeding.
(END) Dow Jones Newswires
March 25, 2019 19:15 ET (23:15 GMT)
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