News Highlights: Top Company News of the Day
11 February 2019 - 11:30PM
Dow Jones News
Morgan Stanley Courts Future Millionaires
In its largest acquisition since the financial crisis, Morgan
Stanley is paying $900 million to acquire Solium, which manages the
stock that corporate employees receive as part of their pay.
U.S. Campaign Against Huawei Faces Challenge in Eastern Europe
Governments in Europe's east, which have been courted by Beijing
and promised investments, debate whether or not to ban Chinese tech
giant Huawei.
Attorney for Tabloid Publisher Says Jeff Bezos Wasn't Blackmailed
An attorney for the chief executive of American Media countered
allegations that the publisher of the National Enquirer tried to
pressure the Amazon CEO with the release of embarrassing
photos.
Boeing and Regulators Delay Jetliner Fixes Prompted by Lion Air Crash
Engineering and regulatory complications are expected to delay
safety fixes covering hundreds of Boeing 737 MAX jets until at
least April.
Vale Denied Having 'Upstream' Dams Ahead of Deadly Accident
Vale had denied owning the sort of mine-waste dam that collapsed
last month and killed at least 150 people at one of its old mines
in Brazil, underscoring the industry's reluctance to disclose
information about such structures.
'The Lego Movie 2' Collapses at the Box Office
Hollywood looked to "The Lego Movie 2: The Second Part" to help
it recover from a dismal January at the box office, but the Warner
Bros. franchise failed to deliver.
Tesla Is Cranking Out Model 3s-Now It Has to Service Them
Tesla Model 3 owners face unusually long waits for repairs, a
drawback to being a customer of an upstart company that has built a
coveted luxury brand but is still learning some of the basics.
Prepare to Pay More for Diapers, Clorox and Cat Litter
Makers of household staples started raising prices last year on
diapers, toilet paper and trash bags to offset higher commodity
costs and boost profits. Executives are promising to raise even
more prices this year.
Fortnite-Marshmello Mashup Showcases New Avenues for Games, Music
The videogame "Fornite" for 10 minutes put away its guns and
transported players to a live virtual performance by Marshmello, in
a pop-culture mashup that spoke not only to the game's popularity
but to its potential as a stage for all kinds of entertainment.
Google Watching Its Cable Bills
Google parent Alphabet has been substantially slashing capital
expenditures for its Other Bets segment that includes Google Fiber,
the internet giant's stab at being a cable provider.
(END) Dow Jones Newswires
February 11, 2019 07:15 ET (12:15 GMT)
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