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
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
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
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)
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