News Highlights: Top Company News of the Day
November 13 2019 - 11:15AM
Dow Jones News
Apple Dumps the Butterfly Keyboard on New MacBook Pro
Apple introduced a 16-inch MacBook Pro, marking a new screen
size as well as a departure from the problematic "butterfly"
keyboard that triggered customer complaints and drove the company
to offer an extended repair program.
When Antitrust Probes Hurt Competition
Boeing's plans to buy Embraer's commercial planes have triggered
a European antitrust probe, but fliers would be ill-served if the
deal were stopped.
Google to Offer Checking Accounts in Big Tech's Latest Finance Push
Google will soon offer checking accounts to consumers, becoming
the latest Silicon Valley heavyweight to push into finance.
Alibaba Files for Secondary Listing in Hong Kong
Alibaba has applied for a secondary listing in Hong Kong, aiming
to raise roughly $13 billion. The move gives the Asian financial
hub a vote of confidence after monthslong demonstrations.
Unilever Names Former Maersk CEO as Chairman
Unilever has tapped the former head of Danish shipping company
A.P. Moller Maersk as its new chairman, the second big change in
the consumer giant's top ranks in the past year.
Tencent Earnings Drop 13% as Rivals Intrude on Its Advertising Territory
Chinese tech giant Tencent Holdings' profit slid as slowing
economic growth at home and rising competition ate away in crucial
areas such as advertising.
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.
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.
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.
(END) Dow Jones Newswires
November 13, 2019 11:00 ET (16:00 GMT)
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