News Highlights: Top Company News of the Day
May 20 2019 - 1:30AM
Dow Jones News
Bayer's Roundup Problem Sends Shares Spiraling Down
Investors are worried that Bayer's liabilities from Monsanto's
allegedly carcinogenic weedkiller Roundup are only going to rise,
pushing shares into a downward spiral.
BlackRock, Other Big Investors Spoil Uber's Coming-Out Party
Uber Technologies grew to be the nation's most valuable startup
thanks to support from some of the biggest investors around, but
that support became a liability when the ride-hailing giant made
its stock-market debut.
AI Chip Boom Lifts, Tests Nvidia
Nvidia is facing new threats to its market dominance in chips
built for artificial intelligence as rivals enter the race to power
everything from customer-service chatbots to robotic lawn
mowers.
Fiat Chrysler's Ram Is Gaining on Pickups From GM and Ford
Fiat Chrysler's Ram pickup trucks are closing the market-share
gap with rivals by offering aggressive rebates and interiors like
those of a luxury SUV, analysts and buyers say.
Nike to Change Pregnancy Policy in Athlete Contracts
Nike said it is adding language to new contracts for female
athletes that will protect their pay during pregnancy, after coming
under fire for cutting compensation for some athletes.
Big Companies Tightened Spending as Trade Fears Intensified
Spending on factories, equipment and other capital goods slowed
in the first quarter among a broad cross-section of large,
U.S.-listed firms, bolstering investor concerns that a key driver
of economic growth is fading.
Not Even Apple Can Clean Up the Mess of Streaming TV
Apple has built a hub for all your content, no matter where it
comes from or which app you use to watch it. It's a very good idea,
but the execution only serves to show how confusing and broken the
TV landscape is.
Third 'John Wick' Movie Posts Series' Strongest Opening Weekend
Lions Gate won a respite from its box-office woes as its latest
film, "John Wick: Chapter 3-Parabellum" nabbed the top spot, with
the biggest opening weekend in the action-thriller franchise's
five-year history.
Wynn Resorts Confirms Talks to Sell Boston-Area Casino to MGM
Wynn Resorts and MGM Resorts International are in talks for Wynn
to sell Encore Boston Harbor, its Boston-area casino project, to
rival MGM.
CBS Floated Offer of About $5 Billion for Pay-TV Channel Starz
CBS has had talks with Lions Gate Entertainment about acquiring
its pay-TV channel Starz, according to people familiar with the
matter.
(END) Dow Jones Newswires
May 20, 2019 01:15 ET (05:15 GMT)
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