News Highlights: Top Company News of the Day
January 19 2018 - 4:15PM
Dow Jones News
ADM Has Made Takeover Approach to Bunge
Archer Daniels Midland has made a takeover approach to grain
trader and processor Bunge, according to people familiar with the
matter, setting up a possible bidding war with Glencore.
Facebook to Rank News Sources by Quality to Battle Misinformation
Facebook plans to start ranking news sources in its feed based
on user evaluations of credibility, a major step in its effort to
fight false and sensationalist information that will also push the
company further into a role it has long sought to avoid-content
referee.
Los Angeles Times Publisher to Go on Unpaid Leave of Absence
Ross Levinsohn, the publisher and chief executive of the Los
Angeles Times, will take an unpaid leave of absence while parent
company Tronc Inc. investigates allegations of workplace misconduct
at his prior places of employment, a person familiar with the
matter said
ADT Shares Fall Below IPO Price in Trading Debut
Shares of home-security company ADT traded below their initial
public offering price in their market debut, further sucking air
out of an offering already priced lower than anticipated.
Apple's Big Cash Winners: Shareholders
Apple announced a $38 billion tax windfall for the U.S.
government this week, but the biggest beneficiary of the company's
response to tax-system changes will likely be its shareholders.
Coca-Cola, Criticized for Plastic Bottles, Sets Recycling Goals
Coca-Cola said it wants to collect and recycle the equivalent of
100% of the packaging it puts out into the world by 2030.
Lincoln Financial to Buy Liberty Life Assurance for $3.3 Billion
Wealth adviser and insurer Lincoln Financial Group on Friday
said it agreed to buy Liberty Life Assurance Co. of Boston from
Liberty Mutual Insurance Group for $3.3 billion.
Facebook Loses Its Field Commander in China
Facebook's campaign to re-enter China has hit another setback
with the departure of a veteran executive who had been leading
efforts to improve relations with Chinese government leaders.
How a Quant Activist Shook Up Lowe's
Lowe's said it is appointing two new board members-including a
pioneer of activist investing-after talks with hedge-fund firm D.E.
Shaw.
Google and China's Tencent Find Being Friends Has Benefits
Google and Tencent will license each other's technology patents,
a deal that could help the former broaden its toehold in China and
accelerate the global expansion of the latter.
(END) Dow Jones Newswires
January 19, 2018 17:00 ET (22:00 GMT)
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