News Highlights: Top Company News of the Day

Features Dow Jones Newswires

Verizon Continues to Win Wireless Subscribers

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Verizon Communications Inc. boosted its subscriber rolls in the third quarter, a sign the carrier's return to unlimited data plans earlier this year has staunched customer defections.

PayPal Posts Stronger-Than-Expected Results on Mobile Growth

PayPal posted stronger-than-expected earnings and revenue growth for the third quarter, driven by a surge in payments volume and growth on its mobile platform.

Target Expands Store Makeovers

Target Corp. said it would expand plans to remodel its existing supercenters and open smaller stores in cities, as the retailer seeks to win back shoppers in the competitive retail environment.

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GM Reaches $120 Million Ignition-Switch Settlement

General Motors has agreed to pay $120 million to settle a multistate probe of its mishandling of an ignition-switch defect, the latest financial hit to the Detroit auto giant over a safety crisis linked to numerous deaths and injuries.

Chevron Temporarily Suspending Operations in Iraqi Kurdistan

Chevron is temporarily suspending its operations in Iraqi Kurdistan, as an Iraqi backlash against Kurdish independence is quickly reordering the region's booming energy business.

Facebook to Test News-Subscription Sign-up

Facebook will soon begin testing a feature that will allow news publishers to sign up subscribers through its Instant Articles program.

Trick or Treat? Italian Candy Maker Comes Knocking on U.S. Door

Italian confectioner Ferrero just bit off another piece of the U.S. candy market and is already thinking about taking a much bigger bite-a bid to buy Nestlé's U.S. candy business.

U.K. Regulator Asks Banks to Probe Links With Gupta Family

HSBC Holdings and Standard Chartered have been asked by the U.K. financial regulator to review possible business with South Africa's Gupta family.

Microsoft's Market Value Hits a Dot-Com Era Milestone: $600 Billion

Microsoft's value is returning to tech-bubble peaks. The software giant closed with a market value of $600 billion Thursday for the first time since Jan. 3, 2000.

Reliability Ratings for Electric Cars Get a Boost

Auto makers struggling to sell drivers on electric cars can look forward to one advantage of adding more battery-powered vehicles to their fleets: beefing up their reliability ratings thanks to the electric cars' simplicity.

(END) Dow Jones Newswires

October 19, 2017 17:15 ET (21:15 GMT)