News Highlights: Top Company News of the Day
June 26 2017 - 11:16PM
Dow Jones News
Sprint Enters Into Exclusive Talks With Charter, Comcast on Wireless Deal
Sprint has entered into exclusive talks with Charter
Communications and Comcast as the cable companies explore a deal
that could bolster their plans to offer wireless service, according
to people familiar with the matter.
General Motors Lowers Outlook for Industry Vehicle Sales
General Motors Co. expects industry vehicle sales to fall short
of its original forecast for the year, the latest sign of a
slowdown in the U.S. auto market after a record run.
Shkreli Trial Off to Slow Start as Prospective Jurors Show Animus
Jury selection for Martin Shkreli's trial in Brooklyn federal
court moved slowly as many prospective jurors balked at the
expected four- to six-week commitment, and at least two dozen
others were cut after expressing a strong animus toward the former
pharmaceutical executive.
Citi Taps Former Senior J.P. Morgan Banker for Advisory Role
Citigroup has hired Karl-Georg Altenburg, a high-profile former
J.P. Morgan Chase and Deutsche Bank investment banker as a senior
adviser.
Amtrak Names Former Delta Chief as Railroad CEO
Amtrak named former Delta Air Lines chief executive Richard
Anderson as the new president and CEO of the national passenger
railroad, which is grappling with a backlog of repairs even as
ridership continues to grow.
Alphabet's Waymo Hires Avis to Service its Driverless Cars
Google parent Alphabet is hiring rental-car firm Avis Budget
Group to store and service its self-driving cars in a deal that
shows Alphabet's vision of a network of driverless taxis is getting
closer to reality.
Anthem Says Senate Health Bill Will Bolster Individual Insurance Market
Anthem Inc. said it believes that the Senate Republicans' health
bill will bolster the individual insurance market, an endorsement
for the legislation as many other insurers have suggested it could
undermine the marketplaces created by the Affordable Care Act.
BMW Commits to New Jobs at U.S. Factory
BMW is the latest auto maker to commit to new jobs at a U.S.
factory following criticism from President Donald Trump, saying
Monday it will create 1,000 American jobs through 2021
Nestlé Unmoved by Demands From Activist Investor Third Point
Newly minted Nestlé Chief Executive Mark Schneider is facing the
first big challenge of his short career in packaged foods.
With 54 Million to Go, This Airbag Recall Is Never Going To End
Japan's Takata has filed for bankruptcy protection and agreed to
sell most of its business. But it could go on for years supplying
parts for the tens of millions of its potentially deadly air bags
that still need to be replaced.
(END) Dow Jones Newswires
June 26, 2017 23:01 ET (03:01 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.