News Highlights: Top Company News of the Day
Southeast Asia's Internet Giants Bet on 'Buy Now, Pay Later'
Some of Southeast Asia's largest internet companies are trying
to boost their revenues with an old-fashioned business:
Fandom Acquires Online Assets of TV Guide, Metacritic and Others
The entertainment company's $55 million deal follows a wave of
consolidation in the publishing world.
Credit Suisse Seeks to Calm Market Jitters
The bank's shares tumbled Monday, a day after it tried to
assuage fears about its health in a memo to employees and phone
calls to investors and clients.
Nike's Inventory Woes Stretch to China as Covid Recovery Remains a Challenge
As supply-chain snarls ease up for big firms, Covid-19 lockdowns
mean reduced sales and tighter margins for companies.
Tesla Deliveries Bounce Back to Record, Though Dented by Distribution Delays
Elon Musk's auto maker requires another boost in quarterly
deliveries to meet its annual target.
Disney Reaches Deal to Restore Its Channels on Dish Network
TV channels owned by Walt Disney are back on Dish Network's
satellite broadcasting and streaming platforms after the two
companies reached a tentative agreement on a new contract.
L3Harris Near Deal to Buy Part of Viasat's Government-Systems Unit
Russia's invasion of Ukraine has sharpened military leaders'
focus on cybersecurity and the need for more satellite-based
Walgreens Turns to Prescription-Filling Robots to Free Up Pharmacists
The chain says automated drug-filling centers cut pharmacist
workloads by 25% and ease pressure on understaffed stores.
Producer Bets Streamers Want the Next 'Judge Judy,' Not 'Game of Thrones'
Former CBS executive Scott Koondel cites the growing appetite in
streaming for low-cost, ad-friendly content.
ConEd Agrees to Sell Clean Energy Business for $6.8 Billion
The buyer, Germany's RWE, says the acquisition will nearly
double its U.S. renewable energy position.
(END) Dow Jones Newswires
October 03, 2022 07:15 ET (11:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.