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

Comcast Unit Sues Warner Discovery, in Tussle Over Shows Like 'Harry Potter' 
 

European pay-TV operator Sky accuses Warner of violating co-production deal giving it exclusive long-term rights to shows.

 
Volkswagen Slashes Guidance as Challenges Pile Up 
 

Volkswagen cut its sales and profitability forecasts for the year, joining a growing list of European rivals in lowering their targets as the industry faces an increasingly bumpy transition to electric vehicles.

 
Amazon to Stock Opioid Overdose Reversal Drug Narcan at Its Warehouses 
 

The e-commerce giant is one of the biggest U.S. employers to respond to government pressure to make overdose medicine more available in the workplace.

 
Meta Handed $100 Million Fine in Ireland Over Password Storage 
 

Ireland's data protection watchdog fined Meta Platforms after the Facebook and Instagram owner stored passwords of some social media users on its internal systems without proper safeguards.

 
Elliott-Led Group Named As Winner of Auction to Acquire Venezuela's Citgo Petroleum 
 

Elliott and other U.S. investors have agreed to pay nearly $7.3 billion to acquire Citgo's parent company, with proceeds set to help compensate creditors of the bankrupt Venezuelan government.

 
WW Parts Ways With President, CEO Sima Sistani 
 

The executive led the diet company, better known as WeightWatchers, since 2022 into the burgeoning market for obesity drugs.

 
Regeneron, Sanofi Get FDA OK for Dupixent to Treat COPD 
 

Regeneron Pharmaceuticals and Sanofi have won FDA expanded approval of their blockbuster anti-inflammatory drug Dupixent in chronic obstructive pulmonary disease.

 
U.S. Safety Officials Urge Boeing, FAA to Address 737 Rudder System 
 

The National Transportation Safety Board issued urgent recommendations for about 350 Boeing 737 jets globally.

 
Fidelity Slashes Mobile Deposit Limits Following Fraud Wave 
 

Online check-fraud scheme shares some similarities with the fraud wave that hit JPMorgan Chase.

 
REA Tables Fourth Bid for Rightmove, Urges Board to Engage 
 

News Corp-controlled REA Group has made a fourth proposal to buy British peer Rightmove for roughly $8.3 billion in cash and shares, and urged its board to enter into talks.

(END) Dow Jones Newswires

September 27, 2024 19:15 ET (23:15 GMT)

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