News Highlights: Top Company News of the Day
August 06 2020 - 5:15PM
Dow Jones News
News Corp Has Considered Alternatives for Storyful Unit, Including Possible Sale
News Corp's has considered strategic alternatives for its
Storyful unit, including a possible sale, as part of broader
efforts to streamline the company, a person familiar with the
matter said.
NYSE Owner Agrees to Buy Mortgage-Software Firm Ellie Mae
Intercontinental Exchange, the owner of the New York Stock
Exchange, said it would acquire mortgage-software firm Ellie Mae, a
landmark bet by the exchange giant on the digitization of the U.S.
mortgage industry.
Uber Ridership Fails to Recover as Pandemic Drives Another Big Loss
Uber Technologies posted another big loss with little sign of
recovery in its core ride-hailing business as the coronavirus
pandemic drags on, though stay-at-home orders have fueled company's
food-delivery business.
AstraZeneca Strikes Deal to Produce Covid-19 Vaccine for China
AstraZeneca has agreed to have a Chinese drugmaker produce
hundreds of millions of doses of its experimental Covid-19 vaccine
for use in China if it is approved by regulators there, a deal that
expands China's access to potential vaccine options.
Quicken Loans Parent Climbed in Trading Debut
The mortgage lender's stock closed above its initial offering
price of $18 a share.
Comcast's NBCUniversal Shuffles Top Ranks at Entertainment Unit
In the new structure, NBCUniversal is breaking its entertainment
operations into separate business and creative units.
Demand for Home Entertainment Boosts Results: Earnings at a Glance
The Covid-19 pandemic led more people to stay home -- and look
for ways to keep busy and entertained.
Banking Regulator Fines Capital One $80 Million Over 2019 Hack
A top banking regulator has fined Capital One Financial $80
million over a 2019 hack that compromised the personal information
of about 106 million card customers and applicants.
AMD Chief Executive Is Flying High as Rival Chip Maker Intel Stumbles
Long an also-ran in the U.S. semiconductor industry, Advanced
Micro Devices is surging during the pandemic under CEO Lisa Su, who
took over in 2014 and now sees both challenges and opportunities
ahead.
Nintendo's Pandemic Bonanza: a Billion-Dollar Profit
"Animal Crossing: New Horizons" sold more than 10 million copies
between April and June.
(END) Dow Jones Newswires
August 06, 2020 17:00 ET (21:00 GMT)
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