Nestlé Focuses on Factories, Procurement to Hit Cost-Cutting Goal 
 

Nestlé has achieved about half of the cost savings it hopes to implement by 2020 in a cost-cutting effort focused on boosting efficiency and centralizing procurement.

 
Who Needs Google's Android? Huawei Trademarks Its Own Smartphone OS 
 

Huawei is pinning its hopes on a self-designed operating system to replace Google's Android following a U.S. blacklisting. The question is: Can it succeed where others have failed?

 
Hewlett Packard Enterprise Boosts Outlook Despite Falling Revenue 
 

Hewlett Packard Enterprise raised its financial targets for the year even as sales fell in its most recent quarter.

 
MiMedx Injectables Don't Meet Regulatory Standards Despite Claim to FDA 
 

The biomedical company's injectable wound-care products don't meet regulatory standards more than two years after MiMedx told the Food and Drug Administration it complied with requirements.

 
Broker Sales Practices to Face Limits 
 

Stockbrokers will soon have to disclose more about conflicts of interest that can bias investment advice under a government plan favored by Wall Street.

 
Intuit Raises Outlook Amid TurboTax Scrutiny 
 

Intuit raised its profit and sales outlook for the year, citing strong results in the latest quarter despite mounting legislative scrutiny over the business practices of its TurboTax tax-preparation software unit.

 
Endeavor Group, Owner of UFC and Miss Universe Pageant, Files for IPO 
 

The company that owns the Ultimate Fighting Championship, the Miss Universe pageant and Hollywood's largest talent agency filed for an initial public offering on the NYSE.

 
Target Looks to Acquire WPP's Retail Ad Firm 
 

Target is in talks to buy retail advertising firm Triad Retail Media from WPP, as the retailer seeks to boost its digital advertising business, according to people familiar with the matter

 
Blackstone, Prologis Separately Bid for U.S. Arm of GLP 
 

Blackstone Group and Prologis are vying to buy the U.S. arm of Singapore's GLP in a deal that could be worth more than $20 billion and create an industrial-warehouse giant.

 
PG&E Clings to Sole Control of Its Bankruptcy Through September 
 

PG&E will stay in control of its bankruptcy proceeding until Sept. 29, less time than it wanted, but long enough to find out what California lawmakers will do this year about wildfire liabilities facing the state's largest utility.

(END) Dow Jones Newswires

May 24, 2019 07:15 ET (11:15 GMT)