News Highlights: Top Company News of the Day
June 04 2020 - 1:15PM
Dow Jones News
LVMH Reviews Tiffany Deal Amid Coronavirus, Riots
French luxury-goods titan Bernard Arnault is reviewing his $16
billion deal to buy U.S. jeweler Tiffany, according to a person
familiar with the matter, after the coronavirus pandemic upended
the industry.
Airlines Add Flights as Travel Slowed by the Coronavirus Starts to Pick Up
American Airlines on Thursday joined other carriers in restoring
some flying that was curtailed due to the coronavirus pandemic, as
parts of the country start to reopen.
Rémy Cointreau's Party Spirit Survives the Pandemic
A global health crisis is a strange time to release a punchy new
margin target. At least French liquor company Rémy Cointreau has
allowed itself a decade to make good on the promise.
U.S. Court Rules Against Approval of Dicamba Herbicides, Including Bayer Product
An appeals court in San Francisco ruled Wednesday that the U.S.
Environmental Protection Agency should revoke its registration of
three dicamba-based products, including Bayer's XtendiMax, saying
the agency failed to acknowledge associated risks.
Volkswagen Set for Electric Boost from German Stimulus
An increase in Germany's subsidies for electric cars worth up to
EUR40,000 as part of coronavirus-related stimulus helps VW, but
leaves BMW and Daimler out in the cold
Warner Music Sings the Right Streaming Tune
Warner isn't a streaming company per se, but the oddities of the
music industry mean investors should value it like one.
Health Insurers Offer Premium Discounts
Anthem is joining the growing number of health insurers offering
premium discounts, as the companies see savings from sharp
drop-offs in surgeries and other types of care canceled because of
the coronavirus pandemic.
Westpac Says Money-Laundering Breaches Due to Technology, Human Error
The Australian lender said an internal investigation didn't
uncover wrongdoing by staff.
Tech Company Cries Foul on Pandemic Trading Suspension
The U.S. Securities and Exchange Commission has been cracking
down on companies that make dubious claims about how they can help
fight the coronavirus pandemic. Now, one technology company says
the regulator went too far.
Aston Martin Plans Job Cuts
Aston Martin plans to cut 500 jobs, around a fifth of its
workforce, as part of a restructuring to restore profitability.
(END) Dow Jones Newswires
June 04, 2020 13:00 ET (17:00 GMT)
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