News Highlights: Top Company News of the Day
January 23 2017 - 3:30PM
Dow Jones News
Federal Judge Blocks Aetna-Humana Merger on Antitrust Grounds
A federal judge Monday blocked the proposed merger of health
insurers Aetna and Humana on antitrust grounds, a potentially fatal
legal blow to the $34 billion deal.
McDonald's Same-Store Sales Soft in U.S., but Still Strong Globally
McDonald's Corp.'s global sales in 2016 were the strongest in
five years, but the burger giant's key U.S. market is still
struggling.
Sprint to Buy 33% of Jay Z's Tidal Music Service
Sprint Corp. will buy one-third of Tidal, the streaming-music
service run by rap mogul Jay Z, the latest content deal secured by
a network provider.
Ford Takes Step Toward Online Car Shopping With Fintech Investment
The lending arm of Ford Motor Co. has tapped a San Francisco
startup to make it easier for its customers to buy and finance a
car without going into a showroom.
Berkshire Unit Buys German Pipe Component Maker
A unit of Warren Buffett's Berkshire Hathaway has agreed to buy
piping components maker Wilhelm Schulz GmbH, the billionaire
investor's second acquisition in Germany.
Halliburton Standing Firm on Price Increases
Halliburton has begun negotiating prices with customers after
offering them steep discounts during a two-year oil downturn.
AMC to Buy Nordic Cinema
Theater operator AMC Entertainment has reached a deal to buy
Stockholm-based Nordic Cinema for $929 million, the latest move by
AMC to broaden its reach in the U.S. and Europe.
United Tech Glitch Caused a Dozen Cancellations and 250 Delays
United Continental, which grounded its domestic fleet for two
and half hours Sunday due to a problem with the technology that
sends pilots in the cockpit messages they need to start a flight,
said the problem was fixed Sunday night.
Auto Industry's No. 1 Preoccupation: Trump
New president's tweets put Big Three car makers on the defensive
about their commitment to U.S. jobs and investment. Their response
shows the extent to which companies are factoring Mr. Trump's
criticism into their decision-making.
Verizon Communications Earnings: What to Watch
Verizon Communications reports its fourth-quarter earnings
Tuesday morning before the market opens, and investors will be
looking for hints on the wireless carrier's pending deal to acquire
Yahoo and possible shifts in its media strategy.
(END) Dow Jones Newswires
January 23, 2017 15:15 ET (20:15 GMT)
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