News Highlights: Top Company News of the Day
March 19 2019 - 7:30PM
Dow Jones News
Google Offers Concessions on Eve of New EU Antitrust Rebuke
Google plans to ask all Android smartphone users in Europe
whether they want to switch to competing search engines or web
browsers, one of two new concessions the search giant is offering
to stave off complaints-and potential fines-from European Union
antitrust regulators.
Jury Finds Bayer's Roundup Weedkiller Caused Man's Cancer
A jury found that a man developed cancer from exposure to
Roundup weedkiller he used in his yard, in the second case to go to
trial over the alleged harms of the popular Bayer product.
FedEx Lowers Outlook as Express Unit Struggles
FedEx cut its outlook for the second consecutive quarter after
it reported a decline in revenue in its express unit and lower
profit in its ground business from the higher cost of operating six
days a week.
Google Stadia Service Aims to Stream Games From Cloud
Google unveiled Stadia, a videogame service that lets players
stream videogames from the cloud without the need for pricey
hardware-potentially changing the way people buy and play
games.
FDA Approves Sage Therapeutics' Zulresso
The U.S. Food and Drug Administration on Tuesday said it
approved Zulresso, or brexanolone, as the first drug approved by
the agency specifically for postpartum depression.
AB InBev Names New Chairman; 3G CEO to Exit Board
Anheuser-Busch InBev named Marty Barrington its new chairman and
said the CEO of private-equity firm 3G Capital was leaving its
board, part of a broader shake-up at the world's biggest brewer as
it struggles with slumping sales.
Inmarsat Says It Received Possible Takeover Offer of $7.21 a Share in Cash
Inmarsat said it received a non-binding proposal from Apax
Partners, Warburg Pincus International and Canada Pension Plan
Investment Board regarding a possible offer to buy the company.
DSW to Rebrand in Shift to More In-House Lines
DSW Inc. said Tuesday it is changing its name and will add more
of its own products on store shelves in a pivot from solely selling
other designers' shoes and accessories.
Former AOL Boss Getting More Than $60 Million as He Exits Verizon
Tim Armstrong, the former leader of AOL, is walking away with
more than $60 million as he leaves Verizon Communications, which
recently wrote down half the value of the internet business he
led.
Three Executives to Oversee AT&T's Warner Bros. Studio Following Departure of CEO Tsujihara
Three senior Warner Bros. executives will oversee operations at
the television and film studio in the wake of Kevin Tsujihara's
resignation Monday after an investigation into a relationship he
had with an actress several years ago, according to people with
knowledge of the company's plans.
(END) Dow Jones Newswires
March 19, 2019 19:15 ET (23:15 GMT)
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