News Highlights: Top Company News of the Day
April 24 2017 - 11:15AM
Dow Jones News
Hasbro Passes Mattel in Sales for First Time Since 2000
After years of trailing behind Mattel Inc., Hasbro Inc. passed
its rival in quarterly revenue for the first time since 2000,
highlighting the diverging fortunes of the two toy makers.
Supreme Court Declines to Review GM Ignition Switch Case
The U.S. Supreme Court denied General Motors Co.'s request to
review a lower-court ruling that gave some victims' families the
power to sue over defective ignition switches, exposing the company
to billions of dollars in potential new claims.
Halliburton Helped by Drilling Boost in U.S.
Stepped-up drilling for oil in the U.S. may have global
producers on edge about oversupply, but the increased activity in
the domestic energy sector is a boon for oil-field services firm
Halliburton Co.
Energy Firms' $5.1 Billion Financing for Russia Gas Pipeline Stokes EU Fears
European energy firms pledged to pay for half the cost of a
natural-gas link from Russia to Germany, supporting a controversial
pipeline that is fueling tensions within the European Union.
Samsung to Issue Galaxy S8 Software Updates After Complaints
Samsung will roll out two patches for its new smartphone after
customers complained of red-tinted screens and poor Wi-Fi
connections.
Uber Challenges France in Latest European Legal Dispute
Uber Technologies opened a new front in its European legal
battles, part of its combative effort to convince governments that
it should be regulated as a technology company and not a
transportation firm.
Apple Permit Reveals Self-Driving Car Testers With NASA Experience
Apple's plan for autonomous vehicles calls for putting
more-senior engineers in all of its cars than some of its rivals
are using for road tests, a move that suggests the company is still
in the early phases of testing its technology.
Amazon Forms Team to Focus on Driverless Technology
Amazon.com has created a team focused on driverless-vehicle
technology to help navigate the retail giant's role in the shake-up
of transportation.
Chesapeake Can't Escape $438 Million Bond Award at Supreme Court
The U.S. Supreme Court on Monday declined to hear Chesapeake
Energy Corp.'s appeal of a $438 million bondholder judgment tied to
a disputed 2013 redemption.
Ousted Arconic CEO Kleinfeld Resigns From HP Enterprise Board
Klaus Kleinfeld resigned from the board of Hewlett Packard
Enterprise on Sunday, his second exit from a public company's board
since he was ousted as CEO of Arconic last week.
(END) Dow Jones Newswires
April 24, 2017 11:00 ET (15:00 GMT)
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