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News Highlights: Top Company News of the Day

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11/21/2019 | 11:16am EST
Tesla Targets U.S. Auto Makers' Profit Engine With Electric Pickup 
 

Elon Musk is readying to reveal the next piece of Tesla's electric-vehicle vision: a pickup truck, but the road won't be easy.

 
Macy's Lowers Guidance for Sales 
 

Macy's said sales declined in the third quarter and warned of a weak holiday quarter, as traditional department stores struggle to attract shoppers.

 
Derek Jeter's Players' Tribune Gets New Owner 
 

Minute Media, a digital publishing platform founded in Israel, has acquired the website that the former New York Yankees captain created for athletes to tell their own stories.

 
Kroger Dials Back Overhaul as Sales Sputter 
 

Kroger is turning back to the basics of selling groceries after trying to sell too many new products and renovate too many stores at once.

 
Thyssenkrupp Losses Widen as New CEO Pushes Unit Sale 
 

Thyssenkrupp, the German industrial icon fighting for survival amid a manufacturing slump, said it would scrap its dividend and accelerate efforts to sell its most profitable division as losses widened.

 
TD Ameritrade, Charles Schwab Shares Surge on Deal Report 
 

Shares of TD Ameritrade Holding and Charles Schwab surged in premarket trading after CNBC reported that Schwab was near a deal to buy its smaller rival.

 
BMW Increases Battery Cell Order Volume 
 

BMW is increasing its order volumes with Chinese battery cell supplier Contemporary Amperex to EUR7.3 billion, in a move aimed at securing the car maker's long-term supply for its e-mobility strategy.

 
This Chinese Tech Star Needs to Learn From WeWork 
 

Nasdaq-listed e-commerce stock Pinduoduo has been racking up mounting losses in its quest for growth.

 
Sonos Finds Its Voice 
 

Sonos's acquisition of French company Snips is an interesting shift for the speaker maker, which seeks to thrive outside the voice-platform ecosystems created by Amazon and Google.

 
General Motors Files Racketeering Lawsuit Against Fiat Chrysler 
 

General Motors filed a federal racketeering lawsuit against Fiat Chrysler Automobiles and a handful of former executives at the Italian-American auto maker.

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET 0.94% 1339.39 Delayed Quote.28.18%
BMW AG 1.35% 73.79 Delayed Quote.4.37%
EURO / ISRAELI NEW SHEKEL (EUR/ILS) 0.10% 3.8352 End-of-day quote.-6.49%
FIAT CHRYSLER AUTOMOBILES 0.06% 13.262 End-of-day quote.4.57%
GENERAL MOTORS COMPANY 0.65% 35.54 Delayed Quote.6.25%
KROGER 2.57% 27.49 Delayed Quote.-0.04%
NASDAQ COMP. 1.00% 8656.528802 Delayed Quote.28.41%
PINDUODUO INC. 2.57% 37.52 Delayed Quote.67.20%
QUEST CO., LTD. -0.71% 1122 End-of-day quote.18.35%
QUEST FOR GROWTH 1.05% 5.76 Delayed Quote.-4.32%
STAR 2.98% 138.79 End-of-day quote.1.38%
TD AMERITRADE HOLDING CORPORATION 0.64% 51.115 Delayed Quote.4.40%
TESLA INC. 1.67% 335.89 Delayed Quote.0.93%
THE CHARLES SCHWAB CORPORATION 0.43% 48.95 Delayed Quote.17.87%
THYSSENKRUPP AG 1.89% 11.565 Delayed Quote.-22.80%
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