News Highlights: Top Company News of the Day

Features Dow Jones Newswires

Amazon, Berkshire, JPMorgan Partner to Pare Health Costs

Continue Reading Below, Berkshire Hathaway and JPMorgan are forming a company to figure out how to reduce health-care costs for their hundreds of thousands of U.S. employees.

VW Suspends Chief Lobbyist Over Diesel Tests on Monkeys and Humans

Volkswagen has suspended a senior executive amid mounting outrage over revelations that the car maker conducted experiments on animal and humans in an effort to disprove links between diesel fumes and respiratory illnesses.

Pfizer Plans $5 Billion Boost in U.S. Manufacturing From Tax-Law Changes

Pfizer reported a surge in profit due to gains from the new tax law, and the drugmaker said it plans to pay a tax of $15 billion on overseas profits over the next eight years.

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McDonald's Meal Specials, New Menu Items Feeding Sales

McDonald's Corp. gained sales again by luring core customers to its cheapest meals and drinks.

Och-Ziff Names New CEO to Replace Daniel Och

Hedge fund Och-Ziff Capital Management has named a Wall Street veteran to replace Daniel Och as chief executive officer amid a continuing battle for the firm's future that pitted Mr. Och against his one-time chosen successor.

Apple to Cut iPhone X Production in the Face of Weak Demand

Apple is slashing planned production of the iPhone X for the three-month period ending March 31 in a sign of weaker-than-expected demand for the pricey handset.

Investors Appear Fed Up with MetLife Missteps

For a company that says it is getting simpler and more predictable, MetLife has produced too many financial surprises. Investors are running out of patience.

Aetna Profit Rises on Lower Restructuring Costs

Aetna reported earnings that rose from a year ago, as the insurer had lower costs from restructuring in its latest quarter, but revenue fell because of lower income from premiums.

Google Rivals Ask EU to Toughen Measures in Antitrust Case

Google continues to stymie competition in online shopping despite a record fine from European authorities and an order to modify its behavior, rivals say.

Harley-Davidson to Consolidate Plants as Sales Decline Continues

Harley-Davidson Inc. plans to close a U.S. factory amid a protracted sales slide that the motorcycle maker expects to continue into 2018.

(END) Dow Jones Newswires

January 30, 2018 13:15 ET (18:15 GMT)