News Highlights: Top Company News of the Day
July 11 2019 - 5:15PM
Dow Jones News
Accenture Picks Julie Sweet as Chief Executive
The board of consulting company Accenture PLC has named Julie
Sweet, the head of the company's operations in North America, as
its new chief executive.
Apple Pulls Watch App After Finding Eavesdropping Glitch
Apple has disabled the Walkie-Talkie app on Apple Watches after
finding a glitch that could allow a person to listen in on someone
else's iPhone call, the second eavesdropping flaw Apple has
addressed in recent months.
Google Contractors Listen to Virtual-Assistant Conversations
Google said contractors are listening to customer audio recorded
by the company's virtual assistant, a disclosure prompted by a
media report that adds to privacy concerns associated with the
voice-operated devices.
T-Mobile-Sprint Talks Slow Over Dish Ownership
Talks between T-Mobile US and Sprint are dragging on over
ownership issues and the new wireless company to be formed when
Dish Network gets some of their assets as part of their $26 billion
merger.
Delta Gains From MAX Grounding and High Demand
Delta Air Lines raised its profit outlook for this year, as
strong travel demand and the diminished capacity of competitors
with grounded Boeing 737 MAX jets buoyed the third-biggest U.S.
carrier.
Cargill Profit Drops on Trade, Flooding Challenges
Cargill is altering its global food trading to navigate
production problems and trade disputes that have cut deeply into
the agricultural giant's profit.
Charming Charlie Files Second Bankruptcy in Less Than Two Years
Accessories and clothing retailer Charming Charlie said it plans
to close its remaining 261 stores and has permanently stopped
online sales as part of its second bankruptcy filing in less than
two years.
Japan's Restrictions on South Korean Chip Makers Backfire
Japan's trade jab at South Korea's chip makers was meant to be
painful, but a week in, it appears to have given a momentary
victory to the core targets: Samsung Electronics and SK Hynix.
AB InBev's Asian Unit Damps IPO Price Expectations
Anheuser-Busch InBev's Asian unit has guided investors to expect
its $8.3 billion-plus initial public offering would price in the
lower half of a previously indicated range, though that would still
make it the world's largest stock-market debut this year.
Malone May Return to Univision's Telenovela
Univision wants to sell itself again. Media mogul John Malone
could have an opening.
(END) Dow Jones Newswires
July 11, 2019 17:00 ET (21:00 GMT)
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