Tesla's Sales of Higher-End Cars Erode in Key Market

Sales of Tesla's high-end Model S sedan have taken a big hit in the company's most important U.S. market, California, as the electric auto maker is leaning more heavily on selling the lower-priced Model 3 compact car.

 
U.K. Government Intervenes in Inmarsat Buyout on Security Grounds

The U.K. government plans to intervene in the proposed $6 billion private equity-backed buyout of U.K. satellite communications company Inmarsat to examine its national security impact.

 
Apple's and Intel's No-Brainer Deal

Apple buying Intel's modem-chip business would be good for both-and bad for Qualcomm.

 
Flaw in Facebook's Messenger Kids Exposed Children to Unauthorized Chats

A technical error allowed children on a Facebook messaging app to interact with users who weren't approved by their parents, the latest misstep that further mars the company's record on privacy and security.

 
Coca-Cola Sales Boosted by Soda Gains, Coffee Push

Coca-Cola's quarterly profit and sales rose, boosted by higher demand for its namesake soft drinks and the introduction of coffee, energy drinks and other products.

 
United Technologies Defends Raytheon Deal

United Technologies executives defended their deal-making strategy and slightly raised their 2019 outlook as strength in its aerospace business outshined other businesses in the second quarter.

 
Occidental Could Leave Sour Aftertaste for Buffett's Deal Money

Warren Buffett may like to keep his mergers friendly, but his money is certainly kicking up a fuss.

 
Brunswick Cuts Costs to Streamline Marine Businesses

Brunswick said it would cut 9% of workforce in its boat and marine-engine businesses as the company aims to streamline its operations.

 
Kimberly-Clark Raises Full-Year Outlook as Organic Sales Grow

Kimberly-Clark raised its top- and bottom-line outlook for the full year to reflect strong profit and organic sales results in the latest quarter and an improving commodity environment.

 
Harley-Davidson Cuts Forecast for Motorcycle Shipments

Harley-Davidson cut it forecasts for motorcycle shipments this year and reported weaker sales and profit in the second quarter.

(END) Dow Jones Newswires

July 23, 2019 15:15 ET (19:15 GMT)

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