News Highlights: Top Company News of the Day

Date : 10/21/2019 @ 3:30AM
Source : Dow Jones News

News Highlights: Top Company News of the Day

HSBC's Stand-In Weathers Storms in Bid for Top Job 
 

HSBC started 2019 with a chief executive poised for growth and focused on making its 238,000 employees the "best version of themselves." It is ending the year with a new boss cutting thousands of jobs, culling clients and putting businesses on the block.

 
Congress Ramps Up Scrutiny of Boeing Executives, Board 
 

U.S. lawmakers probing the 737 MAX jet crisis are ratcheting up scrutiny of Boeing Co. leaders as new details point to management pressure on engineers and pilots in its commercial-aircraft unit.

 
BHP Signs Renewables Deal in Chile 
 

BHP Group has signed four new renewable-power agreements to meet energy demand for its Chilean copper operations and will record a roughly US$780 million provision linked to the cancellation of existing coal contracts.

 
Barrick Prepares to Restart Gold Mining in Tanzania 
 

Barrick is poised to restart gold mining in Tanzania after the company agreed to pay $300 million to the African country and share ownership and other benefits at its three local mines.

 
Facebook Reaches Deal With Wall Street Journal Publisher, Others for News Section 
 

News Corp has reached a deal to let Facebook feature headlines from The Wall Street Journal and other Dow Jones media properties, as well the New York Post, in the social-media giant's upcoming news section, the companies said.

 
UAW Leaders Face Tough Sell on New Deal With GM 
 

United Auto Workers leaders, who earlier this week voted to extend a more than monthlong strike at General Motors, now face a critical task: selling a new labor deal to rank-and-file members with high expectations.

 
PG&E Says It Could Impose Blackouts in California for a Decade 
 

PG&E's chief executive said it could take as long as 10 years for the company to improve its electric system enough to significantly diminish the need to pull the plug on customers to reduce the risk of sparking fires.

 
Ex-Wynn Resorts Worker Alleges Company Spying 
 

Wynn Resorts says a suit alleging that the casino company spied on a former employee after he described sexual-misconduct allegations against Steve Wynn is without merit. CEO Matt Maddox is named as a defendant.

 
Harley-Davidson Resumes Production, Deliveries of Its Electric Motorcycle 
 

Harley-Davidson is resuming production and deliveries of its first electric motorcycle about a week after it told dealers it was halting production due to a problem related to charging.

 
J&J Recalls Baby Powder on Asbestos Concern 
 

Johnson & Johnson launched a voluntary recall of about 33,000 bottles of its baby powder after a test showed sub-trace-level asbestos contamination.

 
 

(END) Dow Jones Newswires

October 20, 2019 23:15 ET (03:15 GMT)

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


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