News Highlights: Top Company News of the Day
November 16 2018 - 7:30PM
Dow Jones News
Pfizer to Raise Prices on 41 Drugs
Pfizer plans to resume its practice of raising drug prices early
next year after bowing to pressure from President Trump over the
summer when the company rolled back some increases.
Nvidia Grapples With Cryptocurrency Miners' Exit
The previous stockpiling habits of cryptocurrency miners have
left Nvidia to battle with excess graphics-card inventory.
Google's Cloud-Computing Boss Steps Down
Google said its top cloud-computing executive is departing the
company and will be replaced by a former executive of business
software rival Oracle Corp.
Toys 'R' Us Bondholders Reach Deal With Fung Retailing on Asian Business
A long-running dispute over the future of Toys "R" Us's healthy
Asian retail business has come to an end.
Michelle Obama's Memoir Sells Well
Michelle Obama's memoir "Becoming" got off to a hot start,
selling more than 725,000 units on the day it was released,
spurring its publisher to quickly order up more copies.
PG&E Shares Surge on Hopes of State Support
Shares of PG&E opened sharply higher on investor hopes that
California officials would move to rescue the utility from
wildfire-related liabilities that threaten to plunge it into
bankruptcy.
Viacom Expects 2019 Revenue Growth
Viacom said it expects revenue to grow in the 2019 fiscal year
as the company augments its pay-TV business with production and
licensing fees from streaming-video services.
Vivendi Rides Spotify's Coattails
Spotify has resurrected the music industry but Vivendi's
shareholders may be the biggest winners.
Companies Start to Sweat Prospect of No-Deal Brexit as Deadline Looms
With Prime Minister Theresa May's government in turmoil over the
terms of a Brexit pact, the prospect of "no deal" is getting
real-spooking firms big and small, including some far from
Britain's shores.
Judge Grants CNN's Motion to Restore Jim Acosta's White House Press Pass
A federal judge granted an emergency motion to restore the White
House press credential of CNN correspondent Jim Acosta-a victory
for the network in a closely watched press-freedom case.
(END) Dow Jones Newswires
November 16, 2018 19:15 ET (00:15 GMT)
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