News Highlights: Top Company News of the Day
Defense Contractor L3Harris to Buy Part of Viasat's Government-Systems Unit
Russia's invasion of Ukraine has sharpened military's focus on
Airlines Face a Shortage of New Boeing, Airbus Jets
Carriers focus on challenges in planning their networks and
increasing flights as plane makers juggle supply-chain, other
BlackRock Names Martin Small as Next CFO
The financial giant said Mr. Small will succeed Gary Shedlin as
its next finance chief, effective next year.
Prosus Drops $4.2 Billion Takeover of India's BillDesk
The acquisition of Indian payments platform BillDesk would have
been the largest-ever takeover for Amsterdam-listed Prosus, which
is majority owned by South African holding company Naspers.
Credit Suisse Has No Time to Lose
The bank risks getting caught in a doom loop as worries flood
into a strategic vacuum while investors wait for a new turnaround
plan. Management needs to act quickly to break the cycle.
Nexstar Taps Dennis Miller to Lead the CW Network
The former Sony executive is named CW's president after a deal
for the majority stake of television network is completed.
World's Most Expensive Drugs Can't Cure What Ails This Biotech
Bluebird Bio has received a lot of attention for pricing two
FDA-approved gene therapies at around $3 million, but its financial
future remains uncertain.
Google Pulls Translation App From China
Google discontinued its Google Translate service in mainland
China citing low usage, marking another retreat by the U.S. tech
giant from the country.
Florida's Strengthened Electric Grid Mostly Withstood Hurricane Ian
Some Florida utilities have invested billions of dollars in
strengthening the state's grid, which the companies say prevented
far worse destruction.
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.
(END) Dow Jones Newswires
October 03, 2022 11:00 ET (15:00 GMT)
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