News Highlights: Top Company News of the Day
June 22 2017 - 9:31AM
Dow Jones News
Qatar Airways Seeks a 10% Stake in American Airlines
American Airlines said it received an unsolicited notice from
state-owned Qatar Airways indicating the Middle Eastern airline
plans to acquire as much as 10% of the company.
Uber CEO's Resignation Hailed as Tech's 'Anita Hill' Moment
The departure of Chief Executive Travis Kalanick was being
called by women in the industry as a rare victory for those
speaking out about inequality in the workplace.
Apple Scraps Like an Underdog in Second Biggest Mobile Market
Apple is helping third-party re-sellers, mulling new flagship
stores and firing up app-development centers in India as it runs to
catch up in one of the world's biggest smartphone markets.
Taiwan's Foxconn Eyes Seven States for $10 Billion Investment
Taiwan's Foxconn Technology Group, which assembles Apple's
iPhones in China, is looking at seven states in the American
heartland to invest $10 billion or more in factories to build
flat-panel screens and related equipment.
Apple Supplier Imagination Technologies Puts Itself Up for Sale
Imagination Technologies Group, a small U.K. technology firm
which has been one of Apple's important suppliers, said Thursday it
has put itself up for sale.
Vice Media Signs Deal With Brazil's Grupo Globo
Vice Media, fresh off securing a big cash infusion from TPG, has
signed a deal with Brazil's Grupo Global that will expand its
footprint in a fast-growing market.
Aviation Industry Seeks to Strengthen Cybersecurity Defenses
Escalating concerns about cyberthreats are prompting the
aviation industry to devise an unlikely new safeguard: real-time
warnings to pilots about potential hacking attempts.
China Property Titan Knocks Back Speculation After Bonds, Shares Drop
Dalian Wanda Group, owned by billionaire Wang Jianlin, dismissed
online speculation that lenders had issued a notice to unload bonds
tied to the real estate conglomerate, which apparently sparked a
drop in its units' stock and bond prices.
Beijing Is Investigating Some of China's Top Overseas Deal Makers
China's banking regulator has ordered the country's commercial
banks to investigate loans made to a group of companies that have
aggressively invested overseas in recent years.
Hain Celestial Releases Earnings Ahead of Delisting Deadline
Hain Celestial completed its accounting review, and the
organic-food company released several earnings reports after
failing to file regular reports for more than a year.
(END) Dow Jones Newswires
June 22, 2017 09:16 ET (13:16 GMT)
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