News Highlights: Top Company News of the Day
October 19 2017 - 1:30PM
Dow Jones News
Verizon Continues to Win Wireless Subscribers
Verizon Communications Inc. boosted its subscriber rolls in the
third quarter, a sign the carrier's return to unlimited data plans
earlier this year has staunched customer defections.
Target Expands Plans to Remodel Existing Stores
Target Corp. said it would expand plans to remodel its existing
supercenters and open smaller stores in cities, as the retailer
seeks to win back shoppers in the competitive retail
environment.
U.K. Regulator Asks Banks to Probe Links With Gupta Family
HSBC Holdings and Standard Chartered have been asked by the U.K.
financial regulator to review possible business with South Africa's
Gupta family.
Lyft Raises $1 Billion in Round Led by Alphabet's CapitalG
Ride-hailing startup Lyft raised $1 billion in a funding round
led by Alphabet's CapitalG unit, boosting its valuation by nearly
50% as it eyes expansion.
Chevron Temporarily Suspending Operations in Iraqi Kurdistan
Chevron Corp. is temporarily suspending its operations in Iraqi
Kurdistan, a company spokeswoman said Thursday, as an Iraqi
backlash against Kurdish independence is quickly reordering the
region's booming energy business.
Wal-Mart's Answer to Amazon? Its Own Web Mall
Wal-Mart is near a deal with Lord & Taylor that would give
the department store dedicated space on walmart.com, a potential
first step in creating an online mall that shoppers could access
from Wal-Mart's website.
Nissan Halts Japan Production as Inspection Scandal Deepens
Nissan Motor said it was suspending vehicle production for the
Japanese market at all Japan plants because it found improper
inspections took place even after it said it fixed the problem.
BP Chairman to Retire
BP said the company's longstanding chairman Carl-Henric Svanberg
is set to retire, launching a search for his replacement.
Barrick Gold, Tanzania Sign Partnership Pact
Barrick Gold Corp. said its African subsidiary will make a $300
million payment to the government of Tanzania as part of an
agreement to resolve tax and revenue sharing disputes over its
three gold mines in the country.
Unilever, Nestlé Test Investor Patience With Slower Sales
Two of the world's biggest consumer goods companies-both caught
in investors' crosshairs-reported another round of weak sales,
ratcheting up pressure to accelerate promised turnarounds.
(END) Dow Jones Newswires
October 19, 2017 13:15 ET (17:15 GMT)
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