News Highlights: Top Company News of the Day
21 June 2019 - 9:15PM
Dow Jones News
UnitedHealth Agrees to Buy Payments Firm Equian
UnitedHealth Group has agreed to buy health-care payments firm
Equian from its private-equity owner for about $3.2 billion.
Gun Makers Adjust Rifles to Skirt Bans
The proliferation of guns sold legally that operate nearly
identically to banned models shows how difficult it can be to make
firearm restrictions effective. California first banned the sale of
guns it calls assault weapons in 1989, then updated the
restrictions in 1999 and again in 2016.
Foxconn Technology Names Young-Way Liu as Chairman
Foxconn Technology Group, known for assembling iPhones and other
Apple Inc. gadgets, named Young-Way Liu as its new chairman on
Friday, succeeding founder Terry Gou who is campaigning to be
Taiwan's president.
Former UBS Banker in China Convicted in Cross-Border Insider Trading Case
A former banker from UBS's Shanghai office was sentenced to nine
years in prison in a case involving leaks about a $6.3 billion
takeover by Cosco Shipping Holdings.
Justice Department Moves to Block Printer Deal
Federal regulators want to block the combination of two, large
U.S. magazine-and-catalog printers on concerns the deal could raise
costs for publishers, retailers and consumers.
PayPal's Operating Chief to Leave Company
PayPal said Bill Ready, one of its top executives, would step
down from the financial-technology company at the end of the
year.
Expedia's Trivago Is Sued Over Seized Cuban Hotel
Two U.S. citizens sued hotel-search company Trivago under a
newly revived provision of a U.S. law that permits legal action by
U.S. citizens or entities against companies doing business on
property that was confiscated by the Cuban government.
McDonald's Tests Robot Fryers and Voice-Activated Drive-Throughs
McDonald's is designing voice-activated drive-throughs and
robotic deep-fryers as it works to streamline its menu and
operations to speed up service.
Facebook's Libra Needs Scrutiny, BOE's Carney Says
Facebook's Libra project should be carefully vetted by
regulators, Bank of England Gov. Mark Carney is expected to say
Thursday, offering an early insight into how the U.K. central bank
will approach the new cryptocurrency.
Former WeWork Executives Allege Gender, Age Discrimination
WeWork is being sued by two former executives who are accusing
the shared-office company of gender and age discrimination as it
gears up for an initial public offering.
(END) Dow Jones Newswires
June 21, 2019 07:00 ET (11:00 GMT)
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