News Highlights: Top Company News of the Day
May 26 2017 - 3:15PM
Dow Jones News
Rome Court Ruling Allows Uber to Continue Service in Italy
A Rome court issued a ruling Friday that will allow Uber
Technologies Inc. to continue providing its car-booking service in
Italy, revoking an order to suspend its service in the country
earlier this spring.
Caesars, Exiting Bankruptcy, Seeks Growth Beyond Gambling
The casino giant, close to wiping out $10 billion in debt, faces
a shifting market.
Sharp Sees Salvation in Appliances
The recovery plan for troubled Japanese electronics maker Sharp:
Become a major global appliance maker under the wing of its
Taiwanese parent, Foxconn Technology Group.
Anadarko's Colorado Operations Under More Scrutiny After Second Deadly Blast
A second deadly accident in Colorado involving Anadarko
Petroleum Corp. is spurring criticism of the company's oil and gas
operations in the state.
Newell Continues Reshaping Itself by Punting Its Winter Sports Business
Newell Brands reached a deal to sell its Winter Sports Business
to private-equity firm Kohlberg for about $240 million, in its
latest move to pare down its portfolio.
Trump's Fix for Post Office's Deep Losses: Cut Back Saturday Delivery
President Donald Trump's proposed budget would let the U.S.
Postal Service cut back on delivery days, a move that helps the
unprofitable agency save money while putting it at odds with
longstanding congressional demands.
Amazon's Brush With $1,000 Signals the Death of the Stock Split
Stock splits, once considered a way to keep shares affordable
for mom-and-pop investors, are rare today as companies aspire to
new heights.
'Spotify Rule' Would Help New York Stock Exchange Woo Unicorns
The New York Stock Exchange is seeking to change its listing
standards as it vies for Spotify AB and other hot startups that are
considering an unusual tactic called a direct listing.
UPS, China's S.F. Express Plan Special Delivery Business
United Parcel Service and its largest Chinese counterpart are
planning a joint venture as they look to rising demand for
deliveries from China to the U.S.
Sean Hannity Loses Some Advertisers After Advancing Conspiracy Theory
Cars.com and a handful of sponsors have pulled their ads from
the Fox News star's nightly opinion show after he advanced a
conspiracy theory about the death of Democratic National Committee
staffer Seth Rich.
(END) Dow Jones Newswires
May 26, 2017 15:00 ET (19:00 GMT)
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