News Highlights: Top Company News of the Day
Netflix Adds More Users Than It Predicted, Boosted by 'Squid Game'
Netflix added 4.4 million memberships in the third quarter amid
increased competition and the typical summer slowdown.
CAA Co-Chairman Says Company Mines Streaming Data for Movie Deals
Richard Lovett says protecting stars and making deals is
challenging in era of at-home entertainment.
Auto Risks Are Dragging on Insurance Stocks
Slow-moving risks in the auto business seem to be a bigger
concern right now for shares of insurers like Travelers than
catastrophes such as Hurricane Ida.
Charter Appoints New CFO, Fills Other Top Roles in Management Shuffle
The cable giant promoted finance executive Jessica Fischer to
CFO as part of a string of management changes.
Facebook Settles With U.S. Government Over Improperly Reserving Jobs for Immigrants
The social-media company faces more than $14 million in
penalties in settlement with Justice Department.
GE, Union Pacific Mandate Covid-19 Vaccine for U.S. Workers
More large U.S. companies are imposing requirements to meet a
Biden administration deadline of Dec. 8 for federal
Instacart Expects More Growth in Grocery Delivery
While the boom that pandemic lockdowns drove for food-delivery
companies has slowed recently, Instacart CEO Fidji Simo says the
public-health crisis "has changed consumer habits forever."
Philip Morris Beats Profit Estimates but Warns Chip Shortage Impacting IQOS Growth
The global chip shortage is impacting Philip Morris' ability to
meet demand for IQOS heated-tobacco devices.
Comcast Launches Smart TV for U.S. Market in Bid to Take On Roku, Amazon
China's Hisense will manufacture the XClass TV, which will be
sold at Walmart.
Atea's Covid-19 Oral Treatment Fails in Midstage Trial
The experimental treatment didn't cut the viral load in
nonhospitalized patients with mild to moderate symptoms, sending
the company's stock tumbling.
(END) Dow Jones Newswires
October 19, 2021 17:00 ET (21:00 GMT)
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