News Highlights: Top Company News of the Day
25 November 2017 - 9:30AM
Dow Jones News
Nike, Macy's Suffer Technical Snafus on Black Friday
Customers shopping at Nike Inc. and Macy's Inc. complained about
problems trying to buy goods on Black Friday, as the companies
scrambled to remedy technical complications on the critical
shopping day.
YouTube Faces Backlash After Ads Appear Near Pedophile Comments
A fresh wave of advertisers suspended commercials on YouTube
after their ads showed up next to videos that appeared to attract
pedophile viewers and comments.
Unilever Launches Search for New CEO
Unilever PLC has kicked off the search for a new chief
executive, according to a person familiar with the
matter-initiating what is expected to be a monthslong process to
replace longtime head Paul Polman.
Hacker Expected to Plead Guilty in 2014 Yahoo Breach
An accused computer hacker is expected to plead guilty Tuesday
to criminal charges stemming from the massive 2014 security breach
of Yahoo that a federal indictment alleges was orchestrated by
Russian spies.
CBS and Dish Reach Agreement, Ending Thanksgiving Blackout
Dish Network Corp. said it reached a carriage agreement with CBS
Corp. and was restoring the programmer's stations to more than two
million subscribers impacted by a three-day blackout that lasted
through CBS's Thanksgiving Day NFL game.
Puerto Rico Grid Contractor Resumes Work After Partial Payment
The company that was hired and then fired under a $300 million
deal to rebuild Puerto Rico's power grid has resumed repairs on a
critical power artery after receiving partial payment on an $83
million bill backlog.
Black Friday Kicks Off, With Upbeat Shoppers and Fewer Discounts
Attention Black Friday shoppers: Prices may not be as low this
time around. Nevertheless, even as this year has proved one of the
most challenging for retailers, analysts are predicting robust
holiday sales.
Oncor Minority Owners Sue NextEra for $72 Million Breakup Fee
NextEra Energy Inc.'s failed pursuit of
electricity-transmissions business Oncor could become more costly
if Oncor's minority owners prevail in a lawsuit filed this
week.
Out of Africa: KKR Disbands African Private-Equity Team
KKR has disbanded its Africa deal team after making just one
investment on the continent because it couldn't find enough big
companies to buy.
New Uber CEO Knew of Hack for Months
While the massive data breach at Uber Technologies Inc. didn't
happen under the watch of the new chief executive, more than two
months elapsed before he notified affected customers and drivers of
the incident, people familiar with the matter said.
(END) Dow Jones Newswires
November 24, 2017 17:15 ET (22:15 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.