News Highlights: Top Company News of the Day

Date : 08/21/2019 @ 8:30PM
Source : Dow Jones News

News Highlights: Top Company News of the Day

Amazon Seeks New Local Vendors in Israel as It Eyes Expansion 

Amazon is looking for additional vendors in Israel to bolster its service in the country, a move that comes as the e-commerce company prepares to launch a local-language website to tap the fast-growing Middle East market.

Trump, California Showdown on Fuel-Economy Rules Divides Auto Makers 

Major car makers are caught in the crossfire between the Trump administration and California over U.S. tailpipe-emissions rules, leading them down different paths in how to respond to the standoff.

Aflac Shares Fall on Affiliation With Japan Post 

Insurer Aflac shares slid on news reports that a scandal at Japan Post Holdings Co. included improper sales of Aflac products.

Target Extends Growth Streak With Strong Sales and Profit 

Target said sales and profit rose in the second quarter, sending shares on track for a record, as the retailer extended its growth streak from investments in its stores, merchandise and digital capabilities.

Court Documents Tie Huawei to Iran, Syria, Sudan, Describe Banking Links 

New details about the U.S. sanctions-busting case against Huawei Technologies emerged in court filings in Canada, including about the Chinese telecom giant's alleged dealings in Iran, Syria and Sudan.

Don't Bail on Brunswick 

Brunswick is more seaworthy than it was in the past, and investors might want to step on board.

Goldman Pursues Majority Stake in Chinese Venture 

Goldman Sachs has applied with Chinese regulators to take a majority stake in an investment-banking joint venture, the most recent move by a foreign company to tap the nation's vast financial sector.

Lowe's Reports Higher Profit, Beating Estimates 

Lowe's reported higher earnings in its latest quarter that topped expectations, in a sign the home-improvement retailer's aggressive cost-cutting strategy could be paying off.

Royal Bank of Canada's Profit Increases 

Royal Bank of Canada's profit increased in its fiscal third quarter as net interest income rose by almost 10%, but the bank's chief executive said the lender would conserve capital and avoid acquisitions due to global economic uncertainty.

Judge Agrees to Delay Former Alstom Executive's Bribery Trial 

A federal judge granted former Alstom executive Lawrence Hoskins a brief reprieve from his upcoming trial, but rejected claims that his constitutional rights had been violated.


(END) Dow Jones Newswires

August 21, 2019 15:15 ET (19:15 GMT)

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

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