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MarketScreener Homepage  >  News  >  Economy & Forex

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News Highlights: Top Company News of the Day

10/15/2020 | 07:16am EST
Facebook, Twitter Limit Sharing of New York Post Articles That Biden Disputes 
 

Twitter on Wednesday blocked users from posting links to the articles, and Facebook has slowed the spread of the articles pending guidance from its fact-checking partners.

 
Fiat Chrysler, Union Avert Canada Strike With Tentative Deal 
 

Fiat Chrysler and the union representing about 9,000 workers at its three Canadian factories reached a tentative agreement, averting a strike that threatened to ripple across the auto maker's North American operations.

 
BTS Frenzy Drives Hit K-Pop IPO 
 

Shares in Big Hit Entertainment, the management company behind the South Korean pop sensation, roughly doubled from their initial public offering price by early afternoon in Seoul.

 
Publicis Revenue Beats Expectations, but Ad Giant Warns of Challenges 
 

Organic revenue fell 5.6% in the third quarter, less than the 13% drop in the second quarter. Covid-19 could make the fourth quarter very difficult, CEO Arthur Sadoun says.

 
Recycled-Plastic Maker Loop Denies Short Seller's Accusations 
 

Loop Industries denied accusations by short seller Hindenburg Research that the company lied about its recyclable-plastic technology.

 
TikTok Supplier Fastly Cuts Expectations, Cites Weakness at Video App 
 

Fastly Inc. lost more than a quarter of its value late Wednesday after the internet content deliverer lowered its revenue guidance because of reduced use from its largest customer.

 
United Airlines Hunkers Down for Long Air-Travel Drought 
 

Cash has become key for airlines trying to make it through the most severe challenge in memory, with demand for travel languishing and little revenue coming in.

 
Vista Equity's Robert Smith Reaches Settlement With DOJ 
 

The billionaire is set to pay $140 million and admit liability for additional taxes owed and not properly filing foreign bank account reports but won't be prosecuted.

 
Wells Fargo Fires Employees Who Applied for SBA Pandemic Loans 
 

Wells Fargo & Co. fired more than 100 employees for allegedly defrauding a federal pandemic-relief program.

 
Meat Giant JBS's Owner Settles U.S. Corruption Charges 
 

J&F, which controls the world's largest meatpacker, agreed to pay $128 million to settle a long-running legal dispute in the U.S. over bribes it paid in Brazil.

(END) Dow Jones Newswires

10-15-20 0715ET

Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRAZILIAN REAL (EUR/BRL) 0.15% 6.4067 Delayed Quote.0.54%
FACEBOOK INC 2.33% 251.36 Delayed Quote.-7.98%
FASTLY, INC. -3.19% 88.21 Delayed Quote.0.96%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 1.32% 134.35 End-of-day quote.-3.15%
IMI PLC 1.33% 1295 Delayed Quote.11.16%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 0.51% 112.65 End-of-day quote.-0.15%
LOOP INDUSTRIES, INC. 4.84% 9.1 Delayed Quote.9.64%
PUBLICIS GROUPE SA 1.83% 45.08 Real-time Quote.10.60%
RIPPLE (XRP/BTC) 0.00% 8.0E-6 Real-time Quote.0.00%
RIPPLE (XRP/EUR) 1.29% 0.23883 Real-time Quote.28.98%
UNITED CONTINENTAL HOLDINGS, INC. -5.18% 43.89 Delayed Quote.1.48%
WELLS FARGO & COMPANY -7.80% 32.04 Delayed Quote.6.16%
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