News Highlights: Top Company News of the Day
November 22 2019 - 5:15PM
Dow Jones News
Canada Rejects Calls for Legislation to End Railway Strike
Canada brushed off demands to introduce legislation to end a
labor dispute between Canadian National Railway Co. and over 3,000
unionized employees that is disrupting the economy.
British Airways Union Tells Pilots to Settle Costly Pay Dispute
British Airways' pilots union has recommended its members settle
a long-running dispute over pay, potentially averting further
industrial action that has cost the airline millions of dollars and
led to the cancellation of thousands of flights.
Tesla Unveiled a Bulletproof Pickup. Then the Window Broke.
Elon Musk embraced unorthodox design choices with Tesla's
all-electric pickup to wow truck buyers and help differentiate it.
But the features he is promising could dent the commercial
prospects of the vehicle Mr. Musk has dubbed Cybertruck.
Bumble Bee Wins Court OK to Tap Bankruptcy Loan
Bumble Bee Foods won court approval Friday to draw on a $280
million bankruptcy loan so it can keep store shelves stocked with
canned tuna pending the proposed sale of its assets to Taiwan's FCF
Fishery.
Foot Locker Shares Fall Following Disappointing Holiday Outlook
Foot Locker shares fell after the sporting-goods retailer gave a
disappointing outlook for the holiday-season quarter as it
struggles to expand its apparel business.
Airbnb Operating Chief to Step Down
Airbnb Chief Operating Officer Belinda Johnson has decided to
step down as the company prepares to go public.
Smucker Lowers Sales Outlook
J.M. Smucker Co. said sales in its pet business are dragging, a
fresh sign of trouble in a unit the food maker was counting on to
help make up for slack packaged-foods demand.
For 'Frozen 2,' Toy Makers Let It Flow
Hasbro and Jakks Pacific are among the toy makers flooding the
zone with licensed merchandise ahead of Walt Disney Co.'s "Frozen
2," which opens this weekend.
AutoNation Names New Finance Chief
AutoNation said it has tapped Office Depot Chief Financial
Officer Joseph Lower as its new finance chief.
How the Saudi Aramco IPO Came Back to Life
To revive oil giant Aramco's long-delayed initial public
offering, the Saudi crown prince has slashed through his
bureaucracy to silence or remove naysayers.
(END) Dow Jones Newswires
November 22, 2019 17:00 ET (22:00 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.