News Highlights: Top Company News of the Day
November 12 2019 - 7:30PM
Dow Jones News
U.S. Lawmakers Scold Google's 'Project Nightingale' Over Health-Data Privacy
Several U.S. lawmakers called for sharper regulatory scrutiny of
patient health-data deals, including an arrangement between Google
and the St. Louis-based nonprofit health system Ascension.
Overstock Shares Hit Seven-Year Low as SEC Expands Investigation
Overstock shares hit the low after the online retailer disclosed
that a government investigation has widened to focus on the stock
plans of some of its executives.
Tesla to Build European Car Plant in Berlin Area
Tesla Chief Executive Elon Musk said the auto maker would build
a planned European plant to assemble electric vehicles in
Germany.
Apple TV+ in Talks to Add Ex-HBO Chief to Producer Lineup
Former HBO Chairman and Chief Executive Richard Plepler is in
advanced talks to sign an exclusive production deal with Apple's
new TV+ streaming service, according to a person familiar with the
matter.
AbbVie Sells $30 Billion of Bonds
AbbVie sold $30 billion of bonds Tuesday to help fund its
acquisition of Allergan, in the fourth-largest investment-grade
debt sale on record.
McDonald's Sued, Accused of Ignoring Harassment at a Restaurant
The American Civil Liberties Union and a group of McDonald's
workers from Michigan sued the fast-food giant, accusing the
company of not properly handling allegations of sexual harassment
at one of its restaurants.
Boeing Loses More 737 MAX Orders
Boeing has lost orders for about 200 of its 737 MAX jets this
year because of airline bankruptcies and customers swapping out for
other models from the U.S. plane maker.
Russia's Sberbank Names Former Rusal CEO as Finance Chief
The appointment of Alexandra Bouriko, who is expected to join
Moscow-based Sberbank on Jan. 1, comes as Russian banks are
experiencing heightened domestic demand for loans as U.S. sanctions
force Western banks to sever ties with some Russian clients.
Biggest U.S. Milk Company Files for Bankruptcy
The move by Dean Foods is a fresh setback to an industry
struggling against declining U.S. milk consumption and rising
competition.
CBS Reports Lower Profit on Content, Merger Costs
CBS said profit fell about 35% in the third quarter, in part
because the entertainment and media company faced higher costs
related to its planned merger with Viacom.
(END) Dow Jones Newswires
November 12, 2019 19:15 ET (00:15 GMT)
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