News Highlights: Top Company News of the Day
Oil Giants Must Face Climate-Liability Suits in States, Appeals Court Rules
In a setback for companies such as Exxon, Chevron and Shell, the
decision is the sixth this year to find that climate lawsuits
should play out in state, not federal courts.
Amazon Seeks Top Film Executive Amid Expansion of Entertainment Arm
Amazon Studios has held talks with Scott Stuber, the studio head
at Netflix, which is displaying fresh vulnerabilities as its
subscriber numbers decline.
CVS, Walgreens and Walmart Ordered to Pay $650 Million to Ohio Counties in Opioid Case
A jury last year found the companies owning CVS, Walgreens and
Walmart pharmacies were liable for contributing to the opioid
epidemic in Lake and Trumbull counties.
Cisco Reports Solid Earnings. The Stock Is Jumping.
Networking and security products company Cisco Systems reported
strong fiscal-fourth-quarter earnings and provided an upbeat
Dodge Pitches Muscle-Car Fans on EVs
The 122-year-old brand revealed a new concept car and plans to
sell its first fully electric performance model in 2024, replacing
the Challenger and Charger, which are being discontinued after next
WWE's Board Finds Vince McMahon Paid $5 Million to Donald Trump's Charity
The CEO's contributions to the Donald J. Trump Foundation
coincided with the real-estate developer's appearances at a
WrestleMania event and on 'WWE Raw.'
Moderna Names New CFO After Hasty Departure of Predecessor
James Mock, CFO of PerkinElmer, will join the Covid-19 vaccine
maker as finance chief in September.
Hottest Chip Maker Sees Cooling Ahead
Analog Devices' unique business model has spared it from the
chip slowdown so far, but its latest results include a warning
Amazon Tests TikTok-Like Feed in App
The tech giant is testing a feature in its app that would show
users a TikTok-style photo and video feed of products for shoppers
to share with other users.
ASX's Full-Year Profit Rises 5.7%, Reports High Listing Activity
ASX Ltd. said its annual profit was 5.7% higher, while its
operating revenue also increased amid a record number of
(END) Dow Jones Newswires
August 18, 2022 05:26 ET (09:26 GMT)
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