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News Highlights: Top Company News of the Day

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12/02/2019 | 11:16am EST
Tight Holiday-Season Calendar Will Test UPS, FedEx and Amazon 

Delivery companies will be especially tested this holiday season as they aim to deliver millions more U.S. shopping orders in six fewer days. 'The math leaves little room for error.'

Nissan CEO, in Second Day on Job, Says Auto Alliance Is Key to Growth 

Nissan Motor's new chief executive, Makoto Uchida, said the troubled auto maker's fortunes depended on its alliance with partners Renault and Mitsubishi, and he called for closer cooperation among the three.

Chinese Citizens Must Scan Their Faces to Register for New Mobile-Phone Service 

Chinese citizens registering for new mobile-phone services will now have to scan their faces to verify their identities, a move that will further increase the government's scrutiny of its people.

CVS Health to Acquire IlliniCare Health 

CVS Health said it will acquire Centene's Illinois health-plan subsidiary, IlliniCare Health, as part of Centene's pending acquisition of WellCare Health Plans.

Silver Lake to Retool Its Top Ranks 

Silver Lake is rejiggering its top leadership ranks, elevating two longtime executives to lead the firm as it enters a new chapter in its growth.

Celebrity Cruises Uses AI to Adjust Marketing, Drive Sales 

Celebrity Cruises is using artificial intelligence to better market its cruises, resulting in more bookings and higher revenue.

GE Pitches Investors on Its Health-Care Unit 

General Electric aims to excite investors about its health-care division, a business that was tagged to be cast off but is now central to the company's turnaround efforts.

Frasers Logistics & Industrial to Merge With Frasers Commercial 

Singapore-listed Frasers Logistics & Industrial Trust and Frasers Commercial Trust said they plan to merge to create a single entity with a combined asset base of $4.17 billion.

UAW Reaches Tentative Labor Deal With Fiat Chrysler 

The United Auto Workers said it has reached a tentative labor deal with Fiat Chrysler. It is an important step toward ending a grueling round of labor talks in Detroit.

'Frozen 2' Sets Thanksgiving Holiday Box-Office Record 

Disney's "Frozen 2" gobbled up the majority of box-office receipts on its way to a record-setting Thanksgiving holiday weekend.

Stocks mentioned in the article
ChangeLast1st jan.
CVS HEALTH CORPORATION -0.64% 70.97 Delayed Quote.-3.85%
FEDEX CORPORATION -3.62% 148.49 Delayed Quote.1.89%
FRASERS COMMERCIAL TRUST 0.00% 1.66 End-of-day quote.0.61%
GENERAL ELECTRIC COMPANY -2.31% 11.44 Delayed Quote.4.93%
HUDSON'S BAY COMPANY 0.18% 10.93 Delayed Quote.10.43%
MITSUBISHI CORPORATION -1.16% 2848 End-of-day quote.-0.97%
RENAULT -3.23% 35.1 Real-time Quote.-14.01%
SILVER -0.75% 18.07 Delayed Quote.1.51%
UNITED PARCEL SERVICE -1.49% 114.92 Delayed Quote.-0.34%
WELLCARE HEALTH PLANS 1.35% 349.92 Delayed Quote.5.97%
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