News Highlights: Top Company News of the Day
AT&T's WarnerMedia CEO Ousts HBO Max's Top Leadership
The moves upended the structure Jason Kilar's predecessor, John
Stankey, had set up before ascending to chief executive of AT&T
Ex-Boeing Pilot at Center of 737 MAX Probe to Leave Southwest Airlines
A central figure in a federal criminal probe into Boeing's
development of the 737 MAX is leaving Southwest Airlines, where he
has worked as a pilot since leaving the plane maker more than two
U.S. Broadens Attack on Chinese Internet Giants With WeChat Order
The Trump administration is widening its attack against Chinese
internet giants by targeting a social media app, WeChat, that is
used daily by ordinary Chinese but by few Americans, further
dividing the global internet.
Buying TikTok Is One Challenge for Microsoft. Making It Work Another.
If Microsoft swings a deal for TikTok, it would then face the
costly and complex task of assimilating the video-sharing app's
code and data.
Pacific Drilling Considers Filing for Chapter 11
The offshore oil and gas drilling contractor said it might file
for bankruptcy and it has started talks with a group of creditors
about a restructuring.
Gilead Inks Deal to Boost Production of Covid-19 Drug Remdesivir
Gilead Sciences Inc. is expanding its manufacturing network to
ramp up production of Covid-19 treatment remdesivir, and says it
will be able to meet global demand in real time starting in
Property Companies Hit by Pandemic, Start to See Turnaround: Earnings at a Glance
Property companies reported results, showing hits taken from the
Covid-19 pandemic -- and a turnaround as lockdowns lifted.
How Tim Cook Made Apple His Own
The industrial engineer has turned Steve Jobs's creation into a
corporate colossus, delivering one of the most lucrative business
successions in history.
Murray Energy Cleared to Poll Creditors on Chapter 11 Exit Plan
The coal company court approval to begin polling creditors on a
revised bankruptcy exit plan and firmed-up financing designed to
let it leave chapter 11 despite disruptions to its business caused
by the coronavirus pandemic.
Singapore Police Bring First Charges Linked to Wirecard
Singapore police brought their first criminal charges against an
individual linked to the suspected fraud at Wirecard AG, the
one-time German technology star that collapsed at the end of June
after admitting more than $2 billion of cash on its balance sheet
(END) Dow Jones Newswires
August 07, 2020 19:15 ET (23:15 GMT)
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