News Highlights: Top Company News of the Day
20 June 2019 - 01:30AM
Dow Jones News
Deutsche Bank Has Proposed Replacing Americas CEO With Investment-Bank Finance Chief
Deutsche Bank executives have sought to promote the finance
chief of the investment bank to replace the current Americas CEO,
an important role responsible oversight of the bank's sprawling
North American operations.
Facebook COO: 'We Understand' Concerns About Big Tech Companies
Facebook Chief Operating Officer Sheryl Sandberg said that the
social-media company failed to anticipate foreign interference
aimed at disrupting the 2016 U.S. presidential election.
YouTube, Under Fire, Considers Major Changes to Kids' Content
YouTube executives are debating moving all children's content
into the standalone YouTube Kids app, to better protect young
viewers from objectionable videos.
Barnes & Noble Narrows Loss, but Sales Decline
Barnes & Noble, which recently agreed to be bought by a
private-equity firm, reported a drop in sales in its latest quarter
but narrowed its net loss.
Slack's Ascent Could Face Some Bumps
Slack will be the next U.S. unicorn to go public, opting for a
direct listing on the New York Stock Exchange on Thursday. But
while the market has given other cloud-based unicorns this year a
raucous welcome, neither Slack's financials nor its first-mover
advantage guarantee a similarly warm reception.
Arch Coal, Peabody Energy to Form Coal Joint Venture
Arch Coal and Peabody Energy are combining their Powder River
Basin and Colorado assets in a joint venture aimed at strengthening
the competitiveness of coal against natural gas and renewables.
Harley-Davidson Finds Partner to Make Small Motorcycles in China
Manufacturer extends strategy of building and selling more
motorcycles overseas as U.S. customers age.
Ditech Finds Two Buyers For Its Mortgage Servicing and Originations Business
The mortgage-servicing company, which filed for bankruptcy in
February, said Tuesday it reached two separate deals with buyers
for its forward and reverse mortgage servicing and originations
businesses.
American Airlines Orders 50 New Airbus Jetliners
American Airlines Group agreed to buy 50 of Airbus' jetliners,
bolstering the European plane maker's order haul for the model it
launched just two days ago.
Facebook's Crypto Plan Borrows From China
The Chinese precedents suggest the social-media giant needs to
focus less on crypto engineering and more on improving the use case
for its new currency.
(END) Dow Jones Newswires
June 19, 2019 11:15 ET (15:15 GMT)
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