News Highlights: Top Company News of the Day
May 21 2018 - 3:30AM
Dow Jones News
Ryanair Warns on Profit
Ryanair said its annual net profit rose 10%, but forecast a drop
in 2019 due to fare price pressures and higher oil costs.
Campbell's Strategy Comes Under Scrutiny After CEO Exit
Denise Morrison was the biggest champion of Campbell's yearslong
push into fresh and refrigerated foods, but her abrupt departure
suggests that the strategy flopped and that the 150-year-old
company needs a new plan.
Want to Invest in Jack Ma? Avoid Alibaba's Rivals
Investors are being caught in the middle of China's biggest
business rivalry, as those looking to get in on a private
fundraising by Jack Ma's financial-technology firm must agree not
to invest in companies controlled by major rivals like Tencent
Holdings.
Kraft Heinz Prepares to Take On Hellmann's With a New Mayonnaise and 'Mayochup'
The Big Two are cutting prices and slinging out new concoctions
as they battle changing eating habits, an array of new competitors
and each other.
FAA Moved Slower Than Usual on Warning Ahead of Southwest Fatality
Before a fatal accident on a Southwest Airlines flight,
regulators had been weighing stepping up engine inspections for an
unusually long time after the first warnings about a part.
Behind Ford's New Approach to Advertising
Jim Farley, Ford's No. 2 man, says the auto maker is using
digital platforms more and looking to new providers, including
Netflix, to produce its ads.
Starbucks Restrooms Open for All Visitors
Starbucks is creating an official policy that allows all guests
to use its cafes, including its restrooms, whether or not they make
a purchase.
Data-Privacy Law Creates New Business for Tech Consultants
The European Union's tough new data-protection law demands
costly changes for many companies and opens rich business
opportunities for others.
News Organizations Flag Concerns on Facebook's Political-Ad Rules
A trade group representing news organizations raised concerns to
Facebook that the social media company's rules on political ads are
overly broad and could affect their ability to promote stories.
'Deadpool 2' Surges to No. 1 at Box Office
"Deadpool 2" became the rare R-rated blockbuster at the box
office over the weekend, kicking off what Hollywood hopes is a
robust summer movie season.
(END) Dow Jones Newswires
May 21, 2018 03:15 ET (07:15 GMT)
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