News Highlights: Top Company News of the Day
June 23 2017 - 9:16AM
Dow Jones News
Samsung Makes Play for Drug Market With Version of Blockbuster Humira
A Samsung group arm is on track to win European regulatory
approval for a near-replica version of the world's top-selling
drug, rheumatoid-arthritis treatment Humira.
Untapped Blockbuster Disease? Drugmakers Race to Devise a Cure
The next frontier for multibillion-dollar drug therapies is a
silent disease many people don't know they have. Dozens of
companies are developing treatments for the fatty-liver disease
known as NASH.
Uber Ex-CEO Travis Kalanick Knew of Stolen Google Files
Former Uber Technologies Chief Executive Travis Kalanick knew an
engineer had allegedly stolen Google files before hiring the
engineer last year, according to Uber's attorneys.
Facebook Has New Vision Beyond 'Connecting,' and It Thinks Groups Are Key
Facebook Chief Executive Mark Zuckerberg took a step toward
defining a new vision for the social-media company as it grapples
with how to handle its growing power in the world.
Tesla Explores Possibility of Manufacturing Cars in China
Tesla said it is exploring with government officials in Shanghai
the possibility of opening a manufacturing facility to build
electric vehicles for the Chinese market.
American Airlines CEO 'Not Happy' About Qatar Plan to Buy 10% Stake
Qatar Airways said it intends to buy a significant stake in
American Airlines Group-a brash approach by the state-owned carrier
that American Chief Executive Doug Parker called "puzzling and
strange."
Lyft's Goal: Gain From Uber's Stumbles Without Gloating
As Uber has grappled with the leadership turmoil that led to its
chief executive's resignation this week, its much-smaller rival has
built market share and expanded aggressively, even as its founders
counsel humility.
Weibo Gets in Beijing's Way
Investors need to consider the political risk faced by China's
version of Twitter.
Mylan Elects Full Board Despite Oppostion
Mylan's board nominees were elected in full at the
pharmaceutical company's annual meeting Thursday despite pressure
from a group of institutional investors unhappy over high executive
pay.
Warren Buffett Rescues Canada's Home Capital
Warren Buffett's rescue of struggling Canadian mortgage lender
Home Capital Group is his latest move to secure generous returns in
exchange for backing businesses that other investors are
fleeing.
(END) Dow Jones Newswires
June 23, 2017 09:01 ET (13:01 GMT)
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