News Highlights: Top Company News of the Day
November 21 2017 - 3:30PM
Dow Jones News
Higher Costs Extend Campbell's Sales Decline
Campbell Soup said higher costs and a dispute with a major
customer hurt results and extended a yearslong sales slide as the
company struggles to diversify beyond canned soup.
Iranian Charged With Hacking HBO, Taking 'Game of Thrones' Scripts
Federal prosecutors unsealed charges against an Iranian
national, accusing him of hacking into HBO's computer network,
stealing unreleased scripts of "Game of Thrones" and then
threatening to leak them publicly.
U.S. Recommends Tariffs of Up to 50% on Washing-Machine Imports
Federal trade regulators have recommended that the Trump
administration impose big tariffs on imported washing machines to
protect Whirlpool Corp. and other U.S. manufacturers.
CBS, PBS Sever Ties With Charlie Rose
CBS fired veteran broadcast journalist Charlie Rose after
reports of allegations of sexual harassment that the media company
called "extremely disturbing and intolerable."
Under Armour Footwear Chief Peter Ruppe to Depart
The head of Under Armour Inc.'s footwear business is leaving,
the latest in a series of senior executive departures as the
sportswear company struggles with slowing sales of its apparel and
sneakers.
Fake-Ad Operation Used to Steal From Publishers Is Uncovered
Adform says it discovered a fraud scheme that could have been
stealing upward of $500,000 a day by 'spoofing' publisher
websites.
After Toshiba Share Sale, Activist Investors Gain Influence
Toshiba's plan to sell $5.3 billion of new shares to overseas
funds secures its future but will likely lead to demands for
further cost-cutting, unit sales and governance reforms from
activist investors.
Hong Kong Tribunal Rejects HSBC Appeal, Upholds Record Fine
A Hong Kong tribunal on Tuesday upheld the bulk of a fine
imposed on a unit of HSBC Holdings PLC that would be the largest
ever meted out by Hong Kong's securities regulator.
Dish Drops Some CBS Channels Ahead of Big Football Weekend
CBS channels went dark for some Dish Network subscribers
overnight as a pricing dispute between the companies dragged on,
potentially leaving more than two million customers without access
to NFL and college-football coverage on the Thanksgiving holiday
weekend.
Eli Lilly Bets Big on Insulin-Delivery Devices
Eli Lilly, one of the biggest makers of insulin, has been
planning a risky new business venture: making the high-tech devices
that deliver insulin to diabetes patients.
(END) Dow Jones Newswires
November 21, 2017 15:15 ET (20:15 GMT)
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