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News Highlights: Top Company News of the Day

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09/24/2020 | 05:15pm EDT
Costco's Sales Get Another Boost From Pandemic Buying 
 

After stockpiling early in the pandemic, Americans continue to turn to Costco Wholesale to buy bulk quantities of groceries and cleaning supplies.

 
Adobe Freshens Up Its PDF for Mobile 
 

Known as Liquid Mode, the app update mimics a mobile-web experience, with text and dimensions that easily adjust to a tiny screen.

 
Facebook Tightens Rules for Employee Discussions in Internal Groups 
 

Facebook will train and require employees to moderate internal discussion groups devoted to politics, social causes and other topics unrelated to company business as part of its effort to curb internal debate around divisive issues.

 
Amazon Event: Tech Titan Unveils New Home Drone, Speakers, Gaming Service 
 

The company's product event focuses on smart-home technology and security as more people stay indoors during the coronavirus pandemic.

 
Noble Settles Multibillion-Dollar Suit Over Paragon Spinoff 
 

The London-based operator of offshore oil-and-gas drilling rigs has settled multibillion-dollar litigation over its 2014 spinoff of Paragon Offshore, a critical step in Noble's path to exiting bankruptcy.

 
California's Ban on New Gas Cars Further Upends Auto Industry 
 

California's decision to ban sales of new conventional vehicles starting in 2035 shows how regulators' aggressive emission targets are forcibly reshaping an industry that is struggling to keep its customers on board.

 
U.S. TikTok Ban Faces Fast-Track Court Review 
 

A federal judge gave the Trump administration until Friday afternoon to postpone a fast-approaching ban on U.S. downloads of the Chinese-owned video-sharing app TikTok, or defend the policy in a court hearing this weekend.

 
Blue Cross Group Settles Antitrust Case for $2.7 Billion 
 

The agreement that the insurance group has negotiated would also require it curb practices that allegedly limited competition among its 36 member companies, according to people with knowledge of the matter.

 
Epic, Spotify Form Group to Push for App Store Changes 
 

"Fortnite" maker Epic Games and other companies have forged an alliance to pressure Apple and other app-store operators to make changes to their marketplace rules, which the group says stifle competition.

 
CarMax Only Looks Like a Lemon 
 

The used-car retailer is clearly hyper-aware of budding online competitors such as Carvana; so are its investors.

 
 


Stocks mentioned in the article
ChangeLast1st jan.
ADOBE INC. -2.49% 483.6 Delayed Quote.50.38%
APPLE INC. -0.96% 115.75 Delayed Quote.59.20%
CARMAX, INC. 1.79% 91.42 Delayed Quote.2.44%
CARVANA CO. 5.19% 202.2 Delayed Quote.108.83%
COSTCO WHOLESALE CORPORATION -0.55% 375.75 Delayed Quote.28.55%
FACEBOOK INC -0.22% 278.12 Delayed Quote.35.80%
LONDON BRENT OIL 1.92% 42.4 Delayed Quote.-35.20%
SPOTIFY TECHNOLOGY S.A. 0.21% 271.88 Delayed Quote.81.42%
WTI 1.85% 40.591 Delayed Quote.-35.02%
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