News Highlights: Top Company News of the Day
03 Setembro 2020 - 8:15PM
Dow Jones News
Juul to Cut More Than Half of Its Workforce
The e-cigarette maker is planning to lay off more than half its
employees and is considering halting its sales across Europe and
Asia. That could mean pulling out of as many as 11 countries and
shrinking the startup's footprint to its core markets, the U.S.,
Canada and the U.K.
Apple Delays Privacy Change Amid App Publishers' Concerns
The change, which would give iPhone users control over whether
they are tracked, will go into effect next year. Critics of the
change say it would hurt app makers by making it harder to sell
personalized ads.
PG&E Hires Technology Veteran as CIO
PG&E has named information-technology veteran Ajay Waghray
as senior vice president and chief information officer. Mr. Waghray
will be responsible for overseeing the company's information
technology and cybersecurity functions and will manage its more
than 1,200 IT employees.
Ciena Flashes a Warning Sign for Tech
The optical gear maker's outlook helps sink tech stocks in a
market priced to perfection.
Aircraft Maker One Aviation Can Consider New Offers
Business disruptions caused by the coronavirus pandemic aren't a
good excuse for the proposed buyer of bankrupt aircraft maker One
Aviation to fail to close the deal, a judge ruled Thursday.
Truckers Are Seeing Growing Freight Volumes
With demand up, prices on spot markets are running well ahead of
year-ago levels.
Hedge-Fund Founder Arrested Over Neiman Marcus Bankruptcy
U.S. prosecutors charged a hedge-fund manager with fraud for
suppressing a rival bid for a prized piece of bankrupt retailer
Neiman Marcus, then trying to cover up the misconduct when it came
to light.
Colorado Natural-Gas Driller Ursa Piceance Files for Bankruptcy
Ursa Piceance has filed for bankruptcy protection, its
natural-gas drilling operation battered by commodity-price
volatility, Covid-19 pandemic damage and a tighter regulatory
climate in Colorado.
GM, Honda Deepen Ties, Plan Joint Vehicle Development
The longtime rivals would cooperate on car components and
purchasing parts in a North American alliance aimed at cost savings
and managing the heavy investments needed to stay competitive.
Is Rocket a Tech Stock or Boring Lender?
Investors seem confused about how exactly to value the
tech-enabled mortgage lender, leading to a volatile stock
price.
(END) Dow Jones Newswires
September 03, 2020 19:00 ET (23:00 GMT)
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