News Highlights: Top Company News of the Day
November 13 2019 - 7:30AM
Dow Jones News
Google to Offer Checking Accounts in Big Tech's Latest Financial Data Push
Google will soon offer checking accounts to consumers, becoming
the latest Silicon Valley heavyweight to push into finance.
Apple Supplier Foxconn's Profit Gains Despite iPhone's Sales Drop
The world's largest contract electronics maker's net profit rose
23.3% in the third quarter , beating expectations.
Alibaba's Secondary Hong Kong Listing Gets the Nod
Hong Kong's stock exchange has approved Alibaba's application
for its secondary listing, now the Chinese retailer plans to begin
a roadshow for prospective investors for the $10 billion to $15
billion deal.
U.S. Bank Appoints New Head of AI
The bank has named Tanushree Luke, a former Capital One
executive and Darpa scientist, as the head of its
artificial-intelligence efforts.
Google's 'Project Nightingale' Triggers Federal Inquiry
Google's project with the country's second-largest health system
to collect detailed information on 50 million American patients
sparked a federal inquiry and criticism from patients and
lawmakers.
Nike to Stop Selling Directly to Amazon
Nike said it would stop selling its clothes and sneakers
directly to Amazon.com, an about-face for the sportswear brand.
Saint-Gobain in U.S. Expansion
France's Saint-Gobain plans to broaden its asset portfolio and
increase its U.S. presence with the agreed acquisition of
Continental Building Products for about $1.4 billion.
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.
(END) Dow Jones Newswires
November 13, 2019 07:15 ET (12:15 GMT)
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