News Highlights: Top Company News of the Day
July 21 2019 - 9:30PM
Dow Jones News
J&J Faces Key Test in Defense Against Talc-Safety Lawsuits
Johnson & Johnson, still facing thousands of lawsuits over
the safety of its signature baby powder, will make a high-stakes
attempt to head off future losses in a courtroom battle beginning
Monday.
Consumer Giants Turn From Diapers to Eye Rollers and Jelly Masks
Facing stagnant sales of household mainstays from diapers to
detergent, the world's biggest consumer-products companies are
trying to crack the lucrative market for influencer-pitched,
millennial-approved skin-care products.
With So Many Vacant Stores, E-Commerce Is Only Part of the Problem
Don't blame all the vacant stores on e-commerce. Sky-high rents
are squeezing retailers, too. Although commercial retail rents are
down from recent peaks, they haven't fallen as fast as sales at
struggling chains.
CBS Goes Dark on AT&T Amid a Dispute
Programming from CBS went dark for about 6.6 million viewers of
AT&T's DirecTV, DirecTV Now and U-verse packages Saturday
morning after the two companies couldn't come to terms on a new
distribution agreement.
'Avengers: Endgame' Set to Become Global Box-Office Champ
Walt Disney's "Avengers: Endgame" is poised to become the new
all-time box-office champion, passing by 2009's "Avatar."
'Lion King' Roars to Blockbuster Status
"The Lion King" became Disney's fifth blockbuster of 2019 this
weekend, with the digital remake grossing $185 million at the
domestic box office.
Another Enterprise Software IPO Catches Investors' Attention
Medallia shares surged in their trading debut, the latest
enterprise technology company off to strong start in the 2019 IPO
market.
Drug Makers, Distributors Failed to Stop Suspect Opioid Shipments, Filing Alleges
Many of the nation's largest drug manufacturers and distributors
failed to implement even the most basic systems to halt suspicious
drug orders as the opioid epidemic came into sharp focus,
plaintiffs lawyers allege in a new court filing.
Schlumberger Names New CEO as Shale Woes Persist
Schlumberger named Olivier Le Peuch as its next chief executive,
while the Houston oil-field-services company continues to suffer
from a slowdown in spending by U.S. shale drillers.
Equifax to Pay Around $700 Million Related to Data Breach
The credit-reporting firm is nearing a deal to settle a slew of
state and federal investigations into a 2017 data breach that
exposed nearly 150 million Americans' Social Security numbers and
other personal information.
(END) Dow Jones Newswires
July 21, 2019 21:15 ET (01:15 GMT)
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