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News Highlights: Top Company News of the Day

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01/09/2020 | 07:16am EST
Verizon to Drop Cable Bundles and Ease Changes to TV Packages 

Verizon Communications is eliminating traditional cable bundles, making it easier for households to switch video packages in the hopes they won't cut the cord entirely.

Facebook to Keep Targeted Political Ads but Will Give Users More Control 

In a break with other tech companies, Facebook said it wouldn't limit how political ads are targeted to potential voters, but would instead give users tools to see fewer of those ads on its platforms.

Kaiser Permanente Bets on Smartwatches to Lower Costs 

Kaiser Permanente is expanding a program in which patients recovering from a cardiac event wear smartwatches to track whether they are exercising and taking their medication.

Uber Retools California Fares in Response to Gig Economy Law 

The changes rolled out Wednesday are part of Uber's effort to bolster its case that the new law doesn't apply to its drivers.

Morningstar's Big Bet on Bond Ratings Hits Turbulence 

Morningstar, known for its mutual-fund ratings, has hit a rough patch in its quest to become a big player in the bond-rating business.

Boeing Jet Was on Fire Before Crash, Iran Says; Investigators Consider Hostile Act 

The jet that crashed after takeoff from Tehran was on fire before it hit the ground, Iran's aviation regulator said, as investigators remained open to the possibility that it was hit by a projectile or an explosion.

Bed Bath & Beyond Swings to Quarterly Loss 

The struggling home-goods retailer withdrew its fiscal 2019 guidance and plans to unveil its strategic plan soon.

Milk Processor Borden Spars With Dean Foods Over Starbucks Deal 

A deal between Borden Dairy and Dean Foods to supply milk and creamers to Starbucks stores in Texas has turned sour as the rival milk processors both try to reorganize in bankruptcy.

Saudi Aramco Shares Take Hit From Mideast Conflict 

Investors who bought Aramco shares after the Saudi oil giant's highly anticipated IPO last month haven't benefited from the outbreak of conflict in the company's Mideast backyard.

Insight Partners Sets Acquisition of Software Vendor Veeam 

Insight Partners is acquiring Veeam Software Group, a cloud-focused backup and disaster recovery services provider, in a deal valued at about $5 billion-one of the largest ever for the firm.

Stocks mentioned in the article
ChangeLast1st jan.
BOEING COMPANY (THE) -0.68% 340.49 Delayed Quote.4.52%
CLASS III MILK FUTURES (DC) - CMG (ELECTRONIC)/C1 -0.12% 16.99 End-of-day quote.-12.06%
CLASS IV MILK?FUTURES (GDK) - CMG (ELECTRONIC)/C1 -0.43% 16.28 End-of-day quote.-3.04%
DEAN FOODS COMPANY 1.57% 0.194 Delayed Quote.223.33%
DRY WHEY?FUTURES (DY) - CMG (ELECTRONIC)/C1 0.14% 37 End-of-day quote.12.29%
FACEBOOK 0.49% 214.18 Delayed Quote.4.35%
LONDON BRENT OIL -0.14% 57.14 Delayed Quote.-14.45%
MORNINGSTAR, INC. 0.73% 158.24 Delayed Quote.4.58%
NONFAT DRY MILK FUTURES (GNF) - CMG (ELECTRONIC)/C1 -0.34% 123.425 End-of-day quote.1.57%
STARBUCKS CORPORATION -0.72% 89.28 Delayed Quote.1.55%
VERIZON COMMUNICATIONS -0.24% 58.51 Delayed Quote.-4.71%
WTI -0.13% 52.04 Delayed Quote.-16.22%
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