News Highlights: Top Company News of the Day
18 January 2020 - 3:30AM
Dow Jones News
Tesla Unintended-Acceleration Claims to be Reviewed by U.S. Regulators
Federal regulators are looking into whether consumer complaints
of unintended acceleration in Tesla models warrant a formal defect
investigation into about 500,000 vehicles sold by the electric-car
maker.
Altria-Juul Deal Is Stuck in Antitrust Review
Federal antitrust officials continue to probe Altria's control
of shelf space more than a year after the Marlboro maker sought a
35% stake in e-cigarette company Juul.
AB InBev Taps Machine Learning to Root Out Corruption
The company that stands out for taking a data-driven approach to
preventing bribery and corruption isn't part of the tech sector. In
fact, its product predates the wheel.
Rio Tinto Sees Iron-Ore Shipments Rebounding in 2020
Rio Tinto forecast improved iron-ore shipments from its
Australian mining hub this year after operational and
weather-related setbacks curbed output in 2019.
Richemont Sales Rise Despite Hong Kong Downturn
Richemont posted above-forecast third-quarter sales of EUR4.16
billion, boosted by its jewelry division and despite a sharp
contraction in the important Hong Kong market.
Facebook Backs Off Plan to Sell Ads in WhatsApp
The social-media giant disbanded a team that was working to
integrate ads in its messaging service, marking a retreat from a
controversial plan that had driven the platform's creators to
resign.
Alphabet Becomes Fourth U.S. Firm to Reach $1 Trillion Market Value
Google's parent company joins Apple, Amazon and Microsoft as the
only companies to hit a $1 trillion valuation, highlighting the
technology sector's steady market leadership.
Panel Clears 737 MAX's Safety-Approval Process at FAA
Regulators who certified the Boeing 737 MAX adhered to policies,
and the plane wouldn't have been safer if it had received the
scrutiny of an all-new aircraft, a federal panel determined.
Dry Bulk Carrier American Commercial Barge Preps Restructuring
Struggling bulk commodities carrier American Commercial Barge
Line Co. is in talks with a group of lenders to restructure its
more than $1 billion of debt, according to people familiar with the
matter.
Comcast's Peacock Aims to Undercut Streaming Rivals
Comcast's NBCUniversal unveiled a multitiered pricing strategy
for its coming streaming service Peacock, including free and
subscription options.
(END) Dow Jones Newswires
January 17, 2020 11:15 ET (16:15 GMT)
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