What's News: Business & Finance -- WSJ
26 June 2017 - 5:02PM
Dow Jones News
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the US print
edition of The Wall Street Journal (June 26, 2017).
Third Point has taken a $3.5 billion stake in Nestlé, the hedge
fund's largest-ever initial bet on a public firm, as it pressures
the company to speed growth.
Takata and its U.S. unit filed for bankruptcy protection and
announced a deal to sell operations as the firm replaces defective
air bags.
A Fed move to cut back on subjective parts of its bank "stress
test" is likely to mean fewer failures.
Facebook is holding talks and making deals in a bid to launch
original TV-quality programming.
Italy said it was prepared to spend as much as $19 billion to
shut down two regional banks.
Shell and Exxon are pushing back at Dutch efforts to curb
gas-field output amid an outcry over quakes.
AGIC is buying drugmaker Ritedose, the first U.S. acquisition
for the Hong Kong private-equity fund.
Google faces government accusations that it underpays women and
is resisting requests for salary data.
SpaceX successfully launched two rockets within about 48
hours,
Mozambique can't account for over $1 billion raised for two
state firms.
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This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the US print
edition of The Wall Street Journal (June 26, 2017).
Third Point has taken a $3.5 billion stake in Nestlé, the hedge
fund's largest-ever initial bet on a public firm, as it pressures
the company to speed growth.
Takata and its U.S. unit filed for bankruptcy protection and
announced a deal to sell operations as the firm replaces defective
air bags.
A Fed move to cut back on subjective parts of its bank "stress
test" is likely to mean fewer failures.
Facebook is holding talks and making deals in a bid to launch
original TV-quality programming.
Italy said it was prepared to spend as much as $19 billion to
shut down two regional banks.
Shell and Exxon are pushing back at Dutch efforts to curb
gas-field output amid an outcry over quakes.
AGIC is buying drugmaker Ritedose, the first U.S. acquisition
for the Hong Kong private-equity fund.
Google faces government accusations that it underpays women and
is resisting requests for salary data.
SpaceX successfully launched two rockets within about 48
hours,
Mozambique can't account for over $1 billion raised for two
state firms.
(END) Dow Jones Newswires
June 26, 2017 02:47 ET (06:47 GMT)
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