News Highlights: Top Company News of the Day
August 14 2020 - 3:30PM
Dow Jones News
Why Was 'Fortnite' Removed From Apple and Google App Stores?
Players of the popular videogame have been drawn into an
off-screen battle between its maker, Epic Games, and tech giants
over fee payments. Here is a look at what's involved in the
dispute.
U.S. Postal Service Plans 'Peak' Surcharges for Domestic Parcels
The U.S. Postal Service plans to add new fees onto commercial
packages starting in October as it looks to offset the increased
expenses from coronavirus and surge in volume expected from holiday
shoppers.
DraftKings Posts Wider Loss Amid Limited Sports Activity
The online-betting company posted a loss of $161.4 million, but
said it sees higher revenue as sporting events resume.
Companies Hit by Suspension of Professional Sports -- Earnings at a Glance
Madison Square Garden Sports and DraftKings reported quarterly
results, detailing the drag the suspension of sports amid the
Covid-19 pandemic had on business.
EU Secures Coronavirus Vaccine Deal With AstraZeneca
AstraZeneca will supply the bloc with up to 400 million doses of
its AZD1222 Covid-19 vaccine now in development.
Facebook's Hate-Speech Rules Collide With Indian Politics
A company executive in the vital market opposed a move to ban a
controversial politician who staffers concluded had violated
hate-speech rules. Some current and former employees allege the
ruling party got favorable treatment.
GM's Efforts to Revive Lawsuit Against Fiat Chrysler Denied
A federal judge denied a motion by General Motors to revive its
civil-racketeering lawsuit against Fiat Chrysler Automobiles.
Amazon Faces Antitrust Probe in Canada
Canada's antitrust watchdog has launched a civil investigation
into whether Amazon.com is abusing its dominant position in the
retail sector in its treatment of independent sellers using its
site.
Novavax, J&J Ink Covid-19 Vaccine Deals With U.K.
Novavax Inc. and Johnson & Johnson said Friday they have
agreed to provide tens of millions of doses of their experimental
coronavirus vaccines to the U.K. for undisclosed sums, as countries
move to secure supplies of the shots.
Senators Ask FTC to Investigate TikTok Data Collection
Two U.S. senators have asked the Federal Trade Commission to
investigate TikTok's data collection practices after a Wall Street
Journal article showed that the company covertly collected data on
millions of users through a method that appeared to violate
Google's policies.
(END) Dow Jones Newswires
August 14, 2020 15:15 ET (19:15 GMT)
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