News Highlights: Top Company News of the Day
31 Julho 2020 - 4:30PM
Dow Jones News
Trump to Require China's ByteDance to Sell TikTok Assets
President Trump will require Beijing-based ByteDance to sell its
ownership in TikTok, the popular video sharing app that U.S.
officials have deemed a national security risk, according to a
person familiar with the matter.
Kodak's Stock Surge Turned Insiders' Options Into Potential Windfall
Executive Chairman Jim Continenza stands to make more than $95
million from stock options granted as recently as Monday.
Charter Gains Cable-TV Customers
Charter Communications, which operates under the Spectrum brand,
said it added thousands of pay-TV customers in the second
quarter.
Pinterest Revenue Lifted by Gains in Users, Ad Demand
Shares of Pinterest surged 33%, their largest single-day
percentage gain since its initial public offering, after the
image-sharing company posted stronger-than-expected user and
revenue growth in the second quarter.
GM Aims to Give Electric Vehicle Owners More Places to Charge
General Motors is working to install 2,700 electric-vehicle
chargers in the U.S., an effort to stoke demand for battery-powered
cars and catch up with Tesla's commanding lead in the plug-in
market.
Offshore-Rig Operator Noble Files for Bankruptcy
Noble, a London-based operator of offshore oil-and-gas drilling
rigs, filed for bankruptcy, the latest victim of falling oil demand
as the coronavirus pandemic ravages the global economy.
Expedia Needs to Budget for This Trip
Expedia's Chief Executive Officer Peter Kern said the second
quarter was "likely the worst quarter the travel industry has seen
in modern history."
Neiman Marcus Owners to Hand Over Part of MyTheresa to Creditors
The bankrupt retailer's private-equity backers agreed to
relinquish part of the MyTheresa online business they took over in
2018, clinching a settlement with creditors and clearing a big
hurdle for Neiman's exit from chapter 11.
ESG Insights - Coronavirus: Office Workers Set For Long-Haul Logins at Home
The Wall Street Journal's ESG research analysts saw positive
implications for Google, Nordea, European utilities, BMW and
Deutsche Bank, while the outlook for JBS and the coal industry was
more negative.
Big Oil Companies Lose Billions, Prepare for Prolonged Pandemic
Big oil companies endured one of their worst second quarters
ever and are positioning themselves for prolonged pain as the
coronavirus pandemic continues to sap global demand for fossil
fuels.
(END) Dow Jones Newswires
July 31, 2020 15:15 ET (19:15 GMT)
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