News Highlights: Top Company News of the Day
April 19 2019 - 5:30AM
Dow Jones News
Elon Musk, SEC Granted Court Delay in Talks Over Disputed Tweets
Tesla Inc. Chief Executive Elon Musk and the Securities and
Exchange Commission have been granted another week to work out
their dispute over whether the auto executive violated an order
restricting his use of social media.
PG&E Ratepayers Lobby for a Voice in Utility's Bankruptcy
A push for an official voice for ratepayers in PG&E's
bankruptcy case is gaining momentum as California's largest utility
confronts the fallout from years of wildfires linked to its
equipment.
Hyundai Hires Ex-Nissan Executive to Lead North American Operations
Hyundai MotorCo. has hired Jose Muñoz, formerly one of Carlos
Ghosn's top lieutenants at Nissan Motor Co. and a potential CEO
candidate at the Japanese car maker before his abrupt departure
earlier this year.
National Enquirer to Be Sold to Former Newsstand Mogul
The company that owns the National Enquirer said it has agreed
to sell the scandal-plagued supermarket tabloid to a former
newsstand mogul. James Cohen has agreed to pay $100 million for the
publications, according to a person familiar with the matter.
Pinterest, Zoom Shares Surge in Trading Debuts
Shares in online image-search company Pinterest rose 28% in
their trading debut, while Zoom jumped 72%, giving the IPO market a
boost after the recent wobble by Lyft.
Sears Sues Ex-CEO Lampert, Claiming He Stripped Assets and Left It Broke
A lawsuit accuses Eddie Lampert, his hedge fund ESL Investments,
and various directors of ESL and Sears of siphoning away billions
of dollars of assets as the company racked up huge losses.
Amazon, Google Strike Deal to Return YouTube Apps to Amazon Devices
Amazon.com and Alphabet's Google reached a deal to reintroduce
in coming months the YouTube app on Amazon devices and add the
Prime Video app to Chromecast and Android TV.
Canopy Growth Aims to Buy Acreage Holdings, If U.S. Legalizes Marijuana Production
Cannabis company Canopy Growth has agreed to buy one of the
biggest U.S. marijuana growers in a $3.4 billion deal as the
Canadian company charts a path into the American market.
Hulu, Netflix Pulled Into Bankruptcy Probe Over Fyre Festival Films
A bankruptcy lawyer wants answers from Hulu and Netflix about
behind-the-scenes footage used in a pair of Fyre Festival
documentaries as part of his larger inquiry into where all the
money went from the event.
Hershey Appoints New Finance and Operations Executives
Hershey hired a new finance chief and is replacing a top leader
of its international business as the snack maker looks to boost its
performance.
(END) Dow Jones Newswires
April 19, 2019 05:15 ET (09:15 GMT)
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