• / Free eNewsletters & Magazine
  • / My Account
Home>News Highlights: Top Company News of the Day

News Highlights: Top Company News of the Day

News Highlights: Top Company News of the Day


 VW Takes New $2.9 Billion Hit From Diesel Scandal 

Volkswagen warned that its third-quarter operating result would take a hit of around $2.94 billion as the company continues to grapple with the fallout of the diesel emissions scandal.

 Amazon Sells $1.6 Million in Whole Foods' Products in First Month 

The e-commerce giant delivered one of the first infusions of cash to the organic grocery chain through its site, providing Whole Foods with the potential for a new mass-market platform and new revenue.

 Merck Abandons New Hepatitis C Drugs 

Merck & Co. is halting development of new hepatitis C treatments after reviewing their effectiveness and determining an abundance of treatments, including its own drug, Zepatier, were already available.

 Eli Lilly Names Joshua Smiley CFO 

Eli Lilly named a new finance chief and announced a number of other executive changes, as the drugmaker contends with layoffs and patent expirations.

 Whole Foods Discloses Data Breach 

Whole Foods said card-payment information of customers who drank and dined in its taprooms and full-service restaurants has been hacked.

 Boeing, FAA Spar Over Lithium-Battery Safety Tests 

Four years after fire-prone batteries temporarily grounded Boeing's 787 airliners, the company is clashing with U.S. regulators over how to prevent similar hazards in the future.

 Elon Musk Proposes Making Hypersonic Airliners 

The SpaceX chief sketched out ways to use space travel technology to whisk passengers to any destination around the globe in less than an hour.

 What Barclays Should Do to Win Back Shareholder Love 

Banks need a good story to explain what they are about. Barclays wants to tell a tale of growth, but its audience is struggling to suspend its disbelief.

©2017 Morningstar Advisor. All right reserved.