News Highlights: Top Company News of the Day
Volkswagen Completes Compliance Monitoring After Emissions Scandal
The German car maker has wrapped up a three-year supervision
program under a U.S.-appointed independent monitor in the wake of
its emissions scandal, resulting in a more transparent company, a
top executive said.
Alibaba-Backed Courier to List in Hong Kong
ZTO Express plans to raise up to $1.56 billion, becoming the
latest Chinese company to seek a secondary listing in Hong Kong as
tensions between the U.S. and China rise.
Suez in Talks to Sell Recycling, Recovery Units
Suez has entered into exclusive talks to sell some of its
waste-recycling and recovery activities, valued at around EUR1.1
billion, to Schwarz's PreZero.
Julius Baer Close to FIFA Issue Resolution
Julius Baer is in advanced talks to reach a resolution with the
U.S. Department of Justice related to the authority's probe into
FIFA, and a possible deal could mean the bank paying out millions
FTC Preparing Possible Antitrust Suit Against Facebook
The case preparations come after the Federal Trade Commission
has spent more than a year investigating concerns that Facebook has
been using its powerful market position to stifle competition.
Apple Unveils New Watch Series 6, iPad
In its first virtual-only product event, Apple showed off a new
smartwatch that has an ability to measure blood oxygen as well as
updated iPads, with the latest iPhone unveiling anticipated next
Apple's Product Prices Are Getting More Confusing
Apple, in trying to prove that its gadgets and services are for
everybody, now offers more products at more price points-resulting
in too many overlapping features. What happened to Steve Jobs's
Microsoft's Failure to Land TikTok Raises Questions Over What's Next for CEO Nadella
Microsoft CEO Satya Nadella suffered a rare defeat in his
company's failed pursuit of viral video app TikTok. That doesn't
mean he's done hunting for the tech giant's next big thing.
Google Executive Gets Grilling on Capitol Hill
At a Senate hearing, lawmakers focus on Google's dominant
position at every step in the chain of technology that connects web
publishers with advertisers.
Kodak Didn't Break Law When Loan Was Revealed, Panel Finds
A special committee hired by the company's board found several
governance concerns regarding the announcement of a planned $765
million loan from the U.S. government, but said none of them
violated the law.
(END) Dow Jones Newswires
September 16, 2020 03:15 ET (07:15 GMT)
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