News Highlights: Top Company News of the Day
October 14 2019 - 7:15AM
Dow Jones News
Deere Ramps Up Leases as Sales Slow
Deere is spending billions of dollars annually to buy its own
equipment for a leasing program, which lifts sales of new farm
tractors and construction machinery, but adds financial complexity
and weighs on the used-equipment market.
SoftBank Explores Taking Reins of WeWork
SoftBank has prepared a financing package that would give it
control of WeWork and further sideline its founder Adam Neumann in
exchange for relieving the shared-office startup's looming cash
crunch, according to people familiar with the matter.
Total to Buy Stake In India's Adani Gas
Total has agreed to acquire a 37.4% stake in India's Adani Gas
as the French oil-and-gas major looks to expand its footprint in
the energy-hungry South Asian nation.
Silicon Valley Takes On Amazon's Cashierless 'Go' Stores
Tech startups are challenging the cashierless checkout at Amazon
Go stores with their own systems-and are already pitching them to
retailers as smarter than partnering with Amazon.com.
Cat-Litter Rivals Pounce on New Shipping Strategies
Cat-litter companies worked to make their products fresher, less
dusty and easier to clean. Now they are chasing a new goal: moving
those products more cheaply.
Sears Hasn't Fared Better After Bankruptcy
Sears's bankruptcy filing was supposed to give the troubled
retailer a fresh start. But a year later, the chain is still
struggling with many of the same problems it faced before it sought
court protection.
Blackstone Talked With Citadel About Buying Stake
Blackstone has discussed buying a stake in Ken Griffin's
Citadel, whose hedge fund could be worth between $5 billion and $7
billion.
UAW Increases Strike Pay for GM Factory Workers
The UAW said GM workers on the picket line will see weekly
strike pay increase to $275 from $250, a sign the union is
preparing to extend a nearly monthlong walkout.
Google Shuts Out Payday Loans With App-Store Ban
Google has barred high-interest consumer loan services from the
Google Play app store, limiting payday lenders' ability to access
users of Android devices.
India's Richest Man Battles Amazon, Walmart to Work With Mom-and-Pop Shops
India's mom-and-pop stores are being weaponized, as Walmart and
Amazon square off against India's richest man in the country's
nascent online retail market.
(END) Dow Jones Newswires
October 14, 2019 07:00 ET (11:00 GMT)
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