News Highlights: Top Company News of the Day
November 19 2018 - 5:15AM
Dow Jones News
Apple Suppliers Suffer as It Struggles to Forecast iPhone Demand
Lower-than-expected demand for Apple's new iPhones and the
company's decision to offer more models have created turmoil along
its supply chain and made it harder to predict the number of
components and handsets it needs.
With Facebook at 'War,' Zuckerberg Adopts More Aggressive Style
Mark Zuckerberg's new approach is causing unprecedented turmoil
at Facebook, driving out several key executives and creating
tensions with Chief Operating Officer Sheryl Sandberg.
Countries Push to Extract More Cash from Big Mining Companies
As gold, diamond and copper values grow, governments are
demanding Western mine operators pay higher royalties and taxes,
process commodities locally and cede control of mines.
Lion Air Crash Probe Eyes Sensor Hazards Stretching Back Years
Investigators are examining how Boeing heeded earlier warnings
on the potential hazards of flight-control-sensor failures similar
to the one implicated in last month's Lion Air jet crash.
GE Seeks Power Sales in Iraq, but Report Spotlights Corruption Concerns
General Electric is seeking sales for struggling power unit, but
faces a dilemma with Iraq, according to a consultant's report
prepared for the company. The nation needs multimillion-dollar gas
turbines-and poses corruption problems.
Spotify, Pandora Turn to Podcasts for Listeners, Profits
Music-streaming giants Spotify Technology and Pandora Media see
new audiences and possible profits with an expansion into
podcasts-if they can figure out a solid business model.
As Apple Nears a Bear Market, Stocks Beg for a Leader
The iPhone maker's recent slump makes some investors worry
whether the U.S. stock rally can regain its footing.
Nvidia's Crypto Burn Will Take Time to Heal
The once-highflying chip maker has shed 43% of its market value
in just six weeks.
Amazon Kept HQ2 Under Wraps Using These Code Names
Amazon.com maintained secrecy among the 20 cities vying for its
HQ2 operations by naming them after important corporate
stakeholders-employees' dogs.
J.Crew CEO Exits After Clash With Mickey Drexler, Company Owners
J.Crew Group said CEO James Brett is leaving after about 16
months following disagreements with the company's longtime leader
about strategy and board concerns about his spending plans.
(END) Dow Jones Newswires
November 19, 2018 05:00 ET (10:00 GMT)
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