News Highlights: Top Company News of the Day
August 23 2019 - 5:30PM
Dow Jones News
U.S. Appeals Court Freezes Antitrust Ruling Against Qualcomm
A federal appeals court halted for now a ruling that found
Qualcomm committed an array of antitrust violations, a boost for
the chip maker that allows it to maintain its business practices
for the near future.
Starbucks Supplier Delivery Workers Vote to Authorize Strike
Unionized workers at a supplier to hundreds of Starbucks Corp.
coffee shops in Chicago and other Midwestern cities rejected a
proposed contract agreement and voted to authorize a strike, the
Teamsters said Friday.
Sinclair Eyes More Regional Sports Networks as Disney Deal Closes
Sinclair Broadcast Group's appetite for regional sports networks
won't be satiated with its $9.6 billion purchase of Walt Disney's
21 channels. Chief Executive Chris Ripley said the company would be
interested in acquiring more properties.
VMware Goes Beyond Dell Family Matters
With its stock price being beaten down, software maker VMware
will have to show it can juggle two complex acquisitions and while
still managing some tricky Dell family relationships.
La-Z-Boy Shares Aren't Taking a Break
In a stumbling stock market, La-Z-Boy shares are up 17% so far
this year, outpacing the broader market as well as the broader
retail segment. The latest boosts for the stock were some upbeat
results, announced this week
Google Curbs Political Debate by Employees
Google tightened its guidelines on how employees communicate
about politics and topics not related to work, in a major shift for
a company that has long prided itself on open debate.
Amazon Deal Opens Door to Bigger Footprint in India
Amazon has signed an agreement that would give it the option to
take a significant stake in one of India's largest retailers.
Nebraska Court Approves Keystone XL Pipeline
The Nebraska Supreme Court upheld the state's approval of the
Keystone XL pipeline, but hurdles to the long-delayed project
remain.
Beyond Meat Investors Will Choke on Their Optimism
Investors in the maker of pea-based burgers will almost
certainly be disappointed, due to absurd growth expectations that
ignore the realities of an economic downturn.
UBS Clients Lost Millions on Options Sold as Low Risk
A complex investment strategy pitched as low-risk by
stockbrokers at UBS has triggered a backlash from clients of its
securities unit.
(END) Dow Jones Newswires
August 23, 2019 17:15 ET (21:15 GMT)
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