News Highlights: Top Company News of the Day
October 17 2019 - 3:30PM
Dow Jones News
Zuckerberg Defends Free Speech
In a rare policy speech that could have ramifications for the
U.S. presidential campaign and social movements world-wide, the
Facebook CEO asserted his commitment to free speech amid calls for
tighter controls.
IBM's New Hat Doesn't Cover Old Problems
The folks at Red Hat will probably never feel unloved by their
new adoptive parent.
J&J to Pay $117 Million Over Surgical Device Marketing
Johnson & Johnson and its subsidiary Ethicon have reached a
settlement of about $116.9 million with 41 states and the District
of Columbia for allegedly misleading marketing of transvaginal
surgical-mesh devices.
Saudi Exchange Readies Aramco IPO. Investors Raise Concerns.
Saudi Arabia's stock market has transformed itself by opening to
international investors. But as it prepares to host the world's
biggest initial public offering, concerns remain about market
transparency and how heavily the government intervenes in Saudi
shares.
Legal Troubles at Exelon Weigh on Utilities Stocks
The U.S. nuclear industry has struggled in recent years with
competition from cheap natural gas-fired power plants.
Schwab to Allow Investors to Buy and Sell Fractions of Stocks
Charles Schwab will let investors buy and sell fractions of
shares in coming months as part of an effort to attract younger
clients.
UAW's New GM Pact Wins on Wages, Health Care and Temporary Workers
The United Auto Workers scored major wins on wages, health care
and temporary workers in its new tentative labor pact with General
Motors.
CSX, Union Pacific Battle to Win Back Customers
CSX and Union Pacific are running faster railroads and operating
more efficiently. They have a bigger challenge ahead in winning
over more shippers that remain skeptical after years of subpar
service.
Juul Halts Online Sales of Some Flavored E-Cigarettes
Juul is halting online sales of its sweet and fruity e-cigarette
refill pods as federal regulators prepare to pull most nicotine
vaping products off the market in response to a surge in teen
vaping.
Trading, Tax Benefit Lift Morgan Stanley Profit
Morgan Stanley's third-quarter profit rose 3% from a year ago,
the last major U.S. bank to skate through a period of global
tensions and shifting markets.
(END) Dow Jones Newswires
October 17, 2019 15:15 ET (19:15 GMT)
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