News Highlights: Top Company News of the Day

Date : 07/22/2019 @ 2:30PM
Source : Dow Jones News

News Highlights: Top Company News of the Day

Equifax Reaches $700 Million Settlement Over Data Breach 
 

Equifax struck a $700 million settlement to resolve investigations and lawsuits stemming from its 2017 data breach that exposed the personal data of nearly 150 million Americans.

 
Apple Shuts Hong Kong Stores Early as Fears of Lawlessness Rise 
 

Tech giant Apple shut its stores early citywide on Monday, as fears of escalating violence and spiraling lawlessness linked to weekslong protests spurred concern among businesses and the public.

 
Qualcomm Needs a House Divided 
 

In seeking to overturn a federal judge's ruling in a case brought by the Federal Trade Commission, Qualcomm has marshaled the support of other branches of the federal government. Winning that stay has become rather important for the chip maker.

 
Halliburton 2Q Revenue Drops Due to North America Operations 
 

Halliburton posted second-quarter revenue of $5.93 billion, down about 4% compared with last year

 
Ford's Shrinking China Business Is Hurting Its Global Ambitions 
 

Ford's multibillion-dollar push to expand in China this decade has veered off course, leaving it mired in a slump that is weighing on its future in the world's largest auto market.

 
BP Enters Bioenergy Joint Venture With Bunge 
 

BP has entered a joint venture with Bunge to build a bioenergy company in Brazil, growing the U.K. oil company's biofuels business by more than 50%.

 
Consumers Will Be Able to Pay for Doctor Visits on Their Phones, Via Anthem 
 

Anthem is launching an app to help consumers schedule and pay for medical visits through their smartphones, as well as learn potential diagnoses and text with doctors.

 
Lower Rates Have a Downside for Banks 
 

The value of the right to handle mortgage payments falls at banks including Wells Fargo and JPMorgan Chase as rates decline.

 
J&J Faces Key Test in Defense Against Talc-Safety Lawsuits 
 

Johnson & Johnson, still facing thousands of lawsuits over the safety of its signature baby powder, will make a high-stakes attempt to head off future losses in a courtroom battle beginning Monday.

 
Consumer Giants Turn From Diapers to Eye Rollers and Jelly Masks 
 

Facing stagnant sales of household mainstays from diapers to detergent, the world's biggest consumer-products companies are trying to crack the lucrative market for influencer-pitched, millennial-approved skin-care products.

 
 

(END) Dow Jones Newswires

July 22, 2019 09:15 ET (13:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.


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