News Highlights: Top Company News of the Day
January 20 2020 - 11:15AM
Dow Jones News
BAE Systems Expands Electronics Unit
BAE Systems has looked to boost growth in electronic systems
after agreeing to buy Collins GPS and Raytheon's airborne tactical
radios businesses for $2.2 billion.
Hospitals Give Tech Giants Access to Detailed Medical Records
It isn't only Google that can tap into patients' digital health
records: Microsoft and IBM also have signed agreements with major
hospital systems giving them the ability to access patients'
identifiable data.
Google Pushes 'Sensible' Ideas for How to Regulate AI
Silicon Valley executives and lobbyists like to say they embrace
regulation. Now they're launching a frenzy of lobbying on what they
want that regulation to be-and Europe is set to be one of the first
battlegrounds.
After a Four-Year Freeze, Citadel Securities Can Trade Again in China
China's stock-market regulator said a Shanghai-based unit of
Citadel Securities paid $97.6 million to resolve a probe into its
trading practices in 2015. That ends a long period of limbo for
Citadel's Chinese business, whose proprietary trading account was
frozen during the long-running probe.
Americans Show Scant Interest in Electric Vehicles, Subaru CEO Says
The CEO of Subaru expressed frustration over trying to navigate
between environmental regulations that seek to expand use of
electric vehicles and the lack of real consumer demand for
them.
Olam International to Split Business in Two
The Singaporean agriculture company said one of the new groups
will operate in the food-ingredient industry and the other will
focus on food products and animal feed.
Streaming War's Battle Lines Still Being Drawn
Questions around sustainability and subscribers of streaming
services are unlikely to be answered even by the end of this
year.
Loss of Contracts Sinks Apollo's Defense Bet
The spike in Mideast tensions may have come too late for
Constellis Group, the defense contractor owned by Apollo Global
with roots in the Blackwater mercenary training firm.
Cash, Plastic or Hand? Amazon Envisions Paying With a Wave
The tech giant is creating checkout terminals that could be
placed in stores and allow shoppers to link their card information
to their hands.
Stakeholder Capitalism's New Tenant: Airbnb
Airbnb's plan to tie compensation to goals broader than profit
is equivalent to telling companies' owners they aren't as important
as they think. It remains to be seen whether Wall Street
agrees.
(END) Dow Jones Newswires
January 20, 2020 11:00 ET (16:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.