News Highlights: Top Company News of the Day
June 24 2019 - 1:30AM
Dow Jones News
Fiat Chrysler and Renault Hope Merger Talks Will Restart Soon
The outcome of a vote by Nissan shareholders this week could
help determine whether Fiat Chrysler Automobiles and Renault can
revive their $40 billion merger talks.
FedEx Slashes Prices to Fill Its Planes
FedEx is offering big discounts to woo online merchants to its
air network as it seeks to refashion a delivery system ill-equipped
for the rise of e-commerce.
It's Not Too Late for Bayer to Heal
Shares of chemicals and pharmaceuticals giant Bayer have been
laid low by legal liabilities from its deal for Monsanto, but the
situation is likely to improve.
Facebook's Libra Is a License to Print Money
A bunch of big companies have agreed to pony up $10 million each
to take part, and it is easy to see why: On some
reasonable-sounding assumptions about its takeup, it could be
insanely profitable in real money, too.
Tyson Foods, Boeing, Slack: Stocks That Defined The Week
Here are seven stocks that defined the week in business
news.
Carnival's Foul Forecast Isn't Clearing Up
Industry headwinds hit cruise line stocks Thursday, but could
rock Carnival this year.
Newsom Proposes Wildfire Fund to Bolster PG&E, Other Utilities
Gov. Gavin Newsom is proposing a multibillion-dollar wildfire
fund to help California's utilities cover mounting fire-related
liability costs that have threatened their financial health.
European Auto Makers Are Under Pressure to Sell More Electric Cars
As a tougher new carbon-emissions target looms, European Union
car makers have few options other than to sell more fully-electric
and hybrid cars, despite low market demand.
Investors Unload Pemex Bonds on Rating Fears
Global debt investors have a $100 billion PetrĂ³leos Mexicanos
problem.
Airlines Avoid Persian Gulf After Downed Drone
Several airlines rerouted flights to avoid airspace over the
Persian Gulf after Iran shot down an American military drone,
disrupting air travel around one of the world's busiest
transportation hubs.
(END) Dow Jones Newswires
June 24, 2019 01:15 ET (05:15 GMT)
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