News Highlights: Top Company News of the Day

Date : 11/13/2019 @ 12:30PM
Source : Dow Jones News

News Highlights: Top Company News of the Day

Google to Offer Checking Accounts in Big Tech's Latest Financial Data Push 

Google will soon offer checking accounts to consumers, becoming the latest Silicon Valley heavyweight to push into finance.

Apple Supplier Foxconn's Profit Gains Despite iPhone's Sales Drop 

The world's largest contract electronics maker's net profit rose 23.3% in the third quarter , beating expectations.

Alibaba's Secondary Hong Kong Listing Gets the Nod 

Hong Kong's stock exchange has approved Alibaba's application for its secondary listing, now the Chinese retailer plans to begin a roadshow for prospective investors for the $10 billion to $15 billion deal.

U.S. Bank Appoints New Head of AI 

The bank has named Tanushree Luke, a former Capital One executive and Darpa scientist, as the head of its artificial-intelligence efforts.

Google's 'Project Nightingale' Triggers Federal Inquiry 

Google's project with the country's second-largest health system to collect detailed information on 50 million American patients sparked a federal inquiry and criticism from patients and lawmakers.

Nike to Stop Selling Directly to Amazon 

Nike said it would stop selling its clothes and sneakers directly to, an about-face for the sportswear brand.

Saint-Gobain in U.S. Expansion 

France's Saint-Gobain plans to broaden its asset portfolio and increase its U.S. presence with the agreed acquisition of Continental Building Products for about $1.4 billion.

Overstock Shares Hit Seven-Year Low as SEC Expands Investigation 

Overstock shares hit the low after the online retailer disclosed that a government investigation has widened to focus on the stock plans of some of its executives.

Tesla to Build European Car Plant in Berlin Area 

Tesla Chief Executive Elon Musk said the auto maker would build a planned European plant to assemble electric vehicles in Germany.

Apple TV+ in Talks to Add Ex-HBO Chief to Producer Lineup 

Former HBO Chairman and Chief Executive Richard Plepler is in advanced talks to sign an exclusive production deal with Apple's new TV+ streaming service, according to a person familiar with the matter.


(END) Dow Jones Newswires

November 13, 2019 07:15 ET (12:15 GMT)

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

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