News Highlights: Top Company News of the Day
JPMorgan Shows Why Bank Stocks Are Stuck in Neutral
The bank's strong foundation was resilient during a turbulent
third quarter, but that might not be enough to drive stock-price
Auto-Safety Regulator Questions Tesla Over Driver-Assistance Software
The National Highway Traffic Safety Administration is
scrutinizing the electric-car maker over its recent software update
and its use of nondisclosure agreements.
J&J Booster Dose Bolsters Protection Against Covid-19, FDA Says
Federal health regulators cautioned that data was limited and
that they had to rely on Johnson & Johnson's own analysis for
some of the study findings, rather than conducting their own.
Alitalia, Once a Carrier of the Jet Set, Nears Its Last Flight
Italy's national airline has long symbolized its postwar boom
and la dolce vita, but Alitalia is slated to shut down after the
pandemic dealt the company a final blow.
Delta Air Lines Delivers a Profit, but Faces Fuel-Cost Pressure
Delta posted a quarterly profit as travel demand began to
recover in recent weeks despite the spread of a more contagious
Covid-19 variant, though the company said it faces pressure from
rising fuel prices.
PC Makers Banking on a New Normal
Dell and HP see the adoption of hybrid work arrangements
widening the market for computers and related hardware and industry
analysts agree that long-term sales are unlikely to slip back to
Lordstown Motors Names Adam Kroll as CFO
Lordstown Motors has named Adam Kroll as its next chief
financial officer. The electric-vehicle company's previous CFO
resigned in June after a board committee found inaccuracies in
parts of the company's disclosures on truck preorders.
Apple Studying Potential of AirPods as Health Device
Earbuds could be offered as hearing aids and include an in-ear
thermometer and posture warnings.
LVMH Sends Mixed Signals on Chinese Luxury Spending
Strong third-quarter sales from the luxury-goods company were
reassuring, but gave a muddy picture of what is happening in China
since Beijing's crackdown on the superrich.
France Says Firms Colluded to Not Disclose Chemical in Food Packaging
The French competition authority accused more than 100 companies
of agreeing not to disclose information about the presence of
materials including bisphenol A, which some scientists say could be
(END) Dow Jones Newswires
October 13, 2021 17:15 ET (21:15 GMT)
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