News Highlights: Top Company News of the Day
July 10 2019 - 11:15AM
Dow Jones News
American Airlines Raises Revenue Expectations
American Airlines raised its unit revenue expectations for the
second quarter due to fuller flights and said it will take a
roughly $185 million profit hit related to the grounding of its
Boeing 737 MAX fleet.
Rice Brothers Win Control of EQT
Two brothers who sought control of natural-gas producer EQT
Corp. have succeeded in their campaign.
Some GE Factories Reject Labor Deal
Workers at several General Electric factories voted against a
new four-year contract, surprising the conglomerate and union
leaders who had negotiated the agreement last month.
Levi Strauss Shares Fall on Smaller Profit, Second-Half Sales Outlook
Levi Strauss shares fell after the jeans maker said costs
related to its IPO hurt profits in the latest quarter and that it
expects sales growth to moderate.
Amazon's Alexa Will Provide U.K. Users With Medical Information
Amazon's voice assistant Alexa will provide medical information
to users in Britain that comes directly from the country's
state-backed National Health Service, a deal that broadens the tech
giant's push into health care.
U.K. Regulator on Why It Is Pursuing Record Fines Against BA, Marriott
Information Commissioner Elizabeth Denham said her office
considered cybersecurity gaps, among other factors, in proposing
that Marriott and British Airways' parent company pay the biggest
fines to date under Europe's data-privacy laws.
No Turnaround in Sight for China Car Sales
Chinese auto sales fell for the 12th straight month in June,
rounding out a brutal year as the market suffers its first
protracted slowdown after decades of growth, with U.S. makers among
the hardest-hit.
Big Tech Is a Likely Target at White House Social-Media Summit
A "Social Media Summit" at the White House this week will offer
a platform for Trump supporters who say they face censorship by
left-tilting Big Tech-and a preview of a likely re-election theme
for the president.
Newbies Pay $15 Million for TV Episode to Stand Out in Packed Streaming Market
As Walt Disney, AT&T's WarnerMedia and Apple prepare to
enter the crowded streaming-entertainment market, they are racing
to stand out with eye-catching shows that cost as much for a season
as a big-budget movie.
Doctor Visits Could Provide Relief to Uber and Lyft
Ride-hailers are attempting to reach elderly and low-income
riders through health-care providers, but it is unclear how big the
opportunity is.
(END) Dow Jones Newswires
July 10, 2019 11:00 ET (15:00 GMT)
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