News Highlights: Top Company News of the Day - Friday at 7 PM ET

Qualcomm Approached Intel About a Takeover in Recent Days 
 

A deal for Intel would be massive and come at a time when the chip maker is sputtering.

 
Boeing Defense Chief Exits Company 
 

Ted Colbert led the unit plagued by losses, production delays and the Starliner program that stranded two astronauts in space.

 
Johnson & Johnson Files Third Bankruptcy Case Seeking to End Talc Lawsuits 
 

The healthcare-products company is taking another shot at resolving mass cancer lawsuits in chapter 11 after two failed attempts.

 
Nike Investors Glad Donahoe Is Out, but Hill Has Long Road Ahead 
 

After losing market share in recent years, Nike faces near-term challenges such as the sales momentum among competitors.

 
Starboard Submits Proposal for News Corp Stockholder Vote on Ending Dual-Class Structure 
 

Starboard Value is seeking to eliminate News Corp's dual-class capital structure so that each outstanding share of the company's common stock is equivalent to one vote.

 
FTC Accuses Drug Middlemen of Inflating Insulin Prices 
 

The Federal Trade Commission sued the drug middlemen that health plans use to keep a lid on drug spending, accusing the firms of inflating the price of insulin.

 
Three Mile Island's Nuclear Plant to Reopen, Help Power Microsoft's AI Centers 
 

The 20-year deal with Constellation Energy would kick-start the site of the nation's worst nuclear power accident.

 
Germany to Keep Commerzbank Shares After UniCredit Takes Stake 
 

The government said it won't offload any additional shares in the bank following the sale to UniCredit for EUR702 million. The move marks an U-turn for the government.

 
Motel 6 Sold to Oyo, Indian Hotel Giant That Is Ramping Up in U.S. 
 

Blackstone agrees to sell one of America's most recognizable lodging chains for $525 million.

 
FedEx's earnings miss may be more of a speed bump than a brick wall, analyst says 
 

Analysts see a potential spinoff of FedEx's freight business as a possible boost, but the stock is dropping sharply

(END) Dow Jones Newswires

September 20, 2024 19:15 ET (23:15 GMT)

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