News Highlights: Top Company News of the Day
24 January 2017 - 9:30AM
Dow Jones News
Yahoo Sees Verizon Deal Taking Longer Than Expected
Yahoo, subject of two huge data breaches that have cast a shadow
over its deal with Verizon Communications Inc., pushed back its
expected closing date for the transaction, citing "work required to
meet closing conditions."
Federal Judge Blocks Aetna-Humana Merger on Antitrust Grounds
A federal judge Monday blocked the proposed merger of health
insurers Aetna and Humana on antitrust grounds, a potentially fatal
legal blow to the $34 billion deal.
McDonald's Struggles in U.S., as Global Sales Gain
McDonald's Corp.'s global sales in 2016 were the strongest in
five years, but were down in the burger giant's key U.S.
market.
Sprint to Buy 33% of Jay Z's Tidal Music Service
Sprint Corp. will buy one-third of Tidal, the streaming-music
service run by rap mogul Jay Z, the latest content deal secured by
a network provider.
Citigroup Units Settle CFPB Mortgage Servicing Claims for $28.8 Million
Two mortgage servicing units of Citigroup Inc. agreed to pay
$28.8 million to settle allegations from the Consumer Financial
Protection Bureau that they mistreated borrowers seeking
foreclosure relief.
Ford Takes Step Toward Online Car Shopping With Fintech Investment
The lending arm of Ford Motor Co. has tapped a San Francisco
startup to make it easier for its customers to buy and finance a
car without going into a showroom.
Berkshire Unit Buys German Pipe Component Maker
A unit of Warren Buffett's Berkshire Hathaway has agreed to buy
piping components maker Wilhelm Schulz GmbH, the billionaire
investor's second acquisition in Germany.
Halliburton Standing Firm on Price Increases
Halliburton has begun negotiating prices with customers after
offering them steep discounts during a two-year oil downturn.
AMC to Buy Nordic Cinema
Theater operator AMC Entertainment has reached a deal to buy
Stockholm-based Nordic Cinema for $929 million, the latest move by
AMC to broaden its reach in the U.S. and Europe.
United Tech Glitch Caused a Dozen Cancellations and 250 Delays
United Continental, which grounded its domestic fleet for two
and half hours Sunday due to a problem with the technology that
sends pilots in the cockpit messages they need to start a flight,
said the problem was fixed Sunday night.
(END) Dow Jones Newswires
January 23, 2017 17:15 ET (22:15 GMT)
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