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News Highlights: Top Company News of the Day

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01/20/2020 | 03:16pm EST
BAE Systems Expands Electronics Unit 

BAE Systems has looked to boost growth in electronic systems after agreeing to buy Collins GPS and Raytheon's airborne tactical radios businesses for $2.2 billion.

Hospitals Give Tech Giants Access to Detailed Medical Records 

It isn't only Google that can tap into patients' digital health records: Microsoft and IBM also have signed agreements with major hospital systems giving them the ability to access patients' identifiable data.

Google Pushes 'Sensible' Ideas for How to Regulate AI 

Silicon Valley executives and lobbyists like to say they embrace regulation. Now they're launching a frenzy of lobbying on what they want that regulation to be-and Europe is set to be one of the first battlegrounds.

After a Four-Year Freeze, Citadel Securities Can Trade Again in China 

China's stock-market regulator said a Shanghai-based unit of Citadel Securities paid $97.6 million to resolve a probe into its trading practices in 2015. That ends a long period of limbo for Citadel's Chinese business, whose proprietary trading account was frozen during the long-running probe.

Americans Show Scant Interest in Electric Vehicles, Subaru CEO Says 

The CEO of Subaru expressed frustration over trying to navigate between environmental regulations that seek to expand use of electric vehicles and the lack of real consumer demand for them.

Olam International to Split Business in Two 

The Singaporean agriculture company said one of the new groups will operate in the food-ingredient industry and the other will focus on food products and animal feed.

Streaming War's Battle Lines Still Being Drawn 

Questions around sustainability and subscribers of streaming services are unlikely to be answered even by the end of this year.

Loss of Contracts Sinks Apollo's Defense Bet 

The spike in Mideast tensions may have come too late for Constellis Group, the defense contractor owned by Apollo Global with roots in the Blackwater mercenary training firm.

Cash, Plastic or Hand? Amazon Envisions Paying With a Wave 

The tech giant is creating checkout terminals that could be placed in stores and allow shoppers to link their card information to their hands.

Stakeholder Capitalism's New Tenant: Airbnb 

Airbnb's plan to tie compensation to goals broader than profit is equivalent to telling companies' owners they aren't as important as they think. It remains to be seen whether Wall Street agrees.

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. -5.43% 1314.95 Delayed Quote.3.81%
BAE SYSTEMS PLC -1.44% 631.8 Delayed Quote.11.86%
MICROSOFT CORPORATION -7.05% 158.18 Delayed Quote.0.30%
OLAM INTERNATIONAL LIMITED -1.13% 1.75 End-of-day quote.0.00%
SUBARU CORPORATION -0.86% 2820.5 End-of-day quote.-0.09%
THE CITADEL GROUP LIMITED -2.40% 4.48 End-of-day quote.-6.71%
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