News Highlights: Top Company News of the Day
14 November 2018 - 3:15PM
Dow Jones News
FAA Launches Review of Boeing's Safety Analyses
U.S. aviation regulators, responding to last month's Lion Air
jet crash, launched a high-priority review of the safety analyses
Boeing has performed over the years.
Critics Say Amazon's HQ2 Deal Shortchanges New Yorkers
When details of Amazon's contributions to the community were
revealed in a memorandum of understanding Tuesday, some local
leaders said the deal fell short of addressing crucial
infrastructure and other needs.
How Amazon Picked HQ2 and Jilted 236 Cities
For months, Amazon made demands of cities even though it had
determined early in the year that no single place would fulfill its
requirements. The long search, designed to showcase the company's
largesse, has for some left a bad taste. "My heart's broken
today."
PG&E Says Equipment Failed Just Before California Wildfire
The utility owner warned that if its equipment is determined to
be the cause of the disaster that has killed at least 42 people, it
would face potential liabilities beyond its insurance coverage.
Blue Apron Lays Off More Workers
Blue Apron Holdings said it would lay off around 4%, or around
100 jobs, out of its workforce, as the meal-kit company struggles
to turn a profit.
SEC Wants Companies To Boost Cybersecurity, Brexit, Libor Phaseout Disclosures
Kyle Moffatt, chief accountant at the Securities and Exchange
Commission's Corporation Finance Division, said the disclosures
should include discussions of board risk oversight, disclosure
controls and procedures, and insider trading policies as they
relate to cybersecurity.
Semiconductor Chiefs Cast Doubt on Report of Malicious Chips in Global Supply Chain
Top executives from two semiconductor firms said a hack
described in a recent report that purportedly involved Chinese
spies infiltrating the hardware supply chain seemed unlikely but
not impossible.
Alphabet Unit Plans to Launch Driverless Car Service in Coming Months
The head of Alphabet's Waymo unit said it plans to launch its
first commercial self-driving car service in the next two months
and expects businesses to be among its biggest customers.
Toys 'R' Us Wins Confirmation of Chapter 11 Payment Plan
A judge signed off on a bankruptcy plan for Toys "R" Us that
gives control of the brand to a group of hedge funds, and a
fractional payment to suppliers, after a failed turnaround effort
left 33,000 workers without jobs and all of its U.S. stores
closed.
PG&E Discloses Possible Equipment Malfunction in Area of Deadly California Fire
Electrical power equipment owned by one of California's largest
utility companies appeared to have malfunctioned in an area last
week where the state's deadliest wildfire erupted, PG&E said in
a securities filing Tuesday.
(END) Dow Jones Newswires
November 13, 2018 23:00 ET (04:00 GMT)
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