News Highlights: Top Company News of the Day
February 19 2018 - 9:30PM
Dow Jones News
Noble Energy, Israel's Delek to Supply Gas to Egypt
Investors in Israel's natural-gas fields agreed Monday to supply
an Egyptian company with gas valued at $15 billion, a deal that
will build on growing ties between once-hostile neighbors.
Facebook Battles New Criticism After Indictment Against Russians
Facebook is contending with a new wave of criticism prompted by
the U.S. indictment alleging that Russia manipulated social-media
platforms-and by a Facebook executive's attempts to address the
issue.
Federal Judge Approves $300 Million Loan for Puerto Rico Utility
A federal judge approved an emergency $300 million loan that
will keep Puerto Rico's troubled electric utility in operation,
averting a threat of more power outages at a time when the island
is trying to recover from last summer's devastating hurricanes.
Chevron Says It Has Resumed Oil Drilling in Iraqi Kurdistan
Chevron said Monday that it has resumed drilling in Iraqi
Kurdistan, in a sign that tensions between Baghdad and the
semiautonomous area's government are easing.
Reckitt Benckiser Posts 11% Profit Rise
Reckitt Benckiser said its pretax profit rose 11% in 2017 as
revenue increased by more than a fifth.
Is Reckitt's Deal Machine Still Up to Snuff?
As the battle to buy Pfizer's $20 billion consumer business
heats up, Lysol-owner Reckitt Benckiser is trying to convince
investors that its acquisition record is clean.
'Black Panther' Roars to Top of Box Office
With an estimated opening of $235 million in the U.S. and
Canada, "Black Panther" was another blockbuster success for Walt
Disney Co.'s Marvel Studios but also a breakthrough for movies with
primarily black casts..
The Big Shift Driving Tech Profits
Big tech companies learning to look past the initial sale as
subscriptions build an important base of recurring revenue.
Novartis' 41-Year-Old CEO Steers Drug Maker Back to R&D
Vasant Narasimhan, the 41-year-old chief executive at Novartis
AG, is vowing data science and digital technologies will
revolutionize the company's drug-development pipeline.
For Tech Giants, Halting Russian Meddling Won't Be Easy
The U.S. indictment handed up against three Russian companies
and 13 individuals suggests it won't be easy to stop any aggressive
influence campaign in the run-up to the midterm election in less
than nine months.
(END) Dow Jones Newswires
February 19, 2018 21:15 ET (02:15 GMT)
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