Apple Supplier Foxconn's Profit Gains Despite iPhone's Sales Drop 
 

The world's largest contract electronics maker's net profit rose 23.3% in the third quarter , beating expectations.

 
Alibaba's Secondary Hong Kong Listing Gets the Nod 
 

Alibaba Group's leaders used the code "Project Orange" to discuss the company's blockbuster initial public offering in 2014. Now they are close to seeing the fruition of "Project Tangerine," the internal name for their effort to raise up to $15 billion in a secondary listing in Hong Kong.

 
Google's 'Project Nightingale' Triggers Federal Inquiry 
 

Google's project with the country's second-largest health system to collect detailed information on 50 million American patients sparked a federal inquiry and criticism from patients and lawmakers.

 
Nike to Stop Selling Directly to Amazon 
 

Nike said it would stop selling its clothes and sneakers directly to Amazon.com, an about-face for the sportswear brand.

 
Saint-Gobain in U.S. Expansion 
 

France's Saint-Gobain plans to broaden its asset portfolio and increase its U.S. presence with the agreed acquisition of Continental Building Products for about $1.4 billion.

 
Overstock Shares Hit Seven-Year Low as SEC Expands Investigation 
 

Overstock shares hit the low after the online retailer disclosed that a government investigation has widened to focus on the stock plans of some of its executives.

 
Tesla to Build European Car Plant in Berlin Area 
 

Tesla Chief Executive Elon Musk said the auto maker would build a planned European plant to assemble electric vehicles in Germany.

 
Apple TV+ in Talks to Add Ex-HBO Chief to Producer Lineup 
 

Former HBO Chairman and Chief Executive Richard Plepler is in advanced talks to sign an exclusive production deal with Apple's new TV+ streaming service, according to a person familiar with the matter.

 
Russia's Sberbank Names Former Rusal CEO as Finance Chief 
 

The appointment of Alexandra Bouriko, who is expected to join Moscow-based Sberbank on Jan. 1, comes as Russian banks are experiencing heightened domestic demand for loans as U.S. sanctions force Western banks to sever ties with some Russian clients.

 
Major Midwest Hospital Systems Call Off Planned Merger 
 

Two Midwestern hospital giants became the latest to break off merger talks, another drag on deal making across the $1 trillion hospital sector.

 
 

(END) Dow Jones Newswires

November 13, 2019 05:00 ET (10:00 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.