News Highlights: Top Company News of the Day
August 25 2019 - 9:30PM
Dow Jones News
Disney Stores Headed to 25 Target Locations
Target and Disney have joined forces to open dedicated Disney
Stores in about two dozen Target locations starting this fall, the
latest example of a large retailer offering a specialty shop within
its walls.
Deutsche Bank and UBS Explored European Banking Alliance
Deutsche Bank and UBS had talks as recently as mid-June to form
an unusual alliance of investment-banking operations, according to
people familiar with the discussions.
Hedge Funds Wager China's HNA Will Look After Foreign Investors
Hedge funds have made quick profits on debt tied to HNA Group,
even as the airlines-to-hotels conglomerate has scaled back
internationally and fallen behind on other obligations.
New Details Emerge Over Mallinckrodt's Role in Opioid Crisis
More details and questions about Mallinckrodt's role in the
opioid crisis are emerging, including whether it effectively
guarded against products leaving legal distribution channels.
The Atlantic, Propped Up by Laurene Powell Jobs, Charts New Course
The Atlantic magazine, which has beefed up its staff and
expanded its coverage in the past 18 months, faces a test when it
launches a new paywall strategy sometime after Labor Day.
Bankrupt Philadelphia Refinery Gets Look From Another Potential Bidder
The damaged Philadelphia Energy Solutions fuel refinery is being
considered for possible purchase by a local company that wants to
make renewable diesel and jet and marine fuels at the site,
potentially saving jobs.
Nissan and Carlos Ghosn Spar Over Yacht
A 120-foot yacht has become the latest bone of contention
between Japanese auto maker Nissan Motor Co. and its former
chairman, Carlos Ghosn.
Qualcomm Taps Second Interim CFO This Year
Qualcomm Inc. said Friday its interim finance chief David Wise
is retiring.
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.
(END) Dow Jones Newswires
August 25, 2019 21:15 ET (01:15 GMT)
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