News Highlights: Top Company News of the Day
March 22 2018 - 4:30PM
Dow Jones News
Criminal Record and Crash Video Put Focus on Uber Test Operator
Test drivers of autonomous cars are supposed to monitor the road
and brake or take the wheel if a car acts erratically, yet video
shows the operator in Sunday's fatality was looking down. The
driver also has a criminal record and traffic violations.
Google to Ask Publishers to Get Users' Data Consent in Europe
Alphabet's Google will ask web publishers to obtain consent on
its behalf to gather personal information on European users and
target ads at them using Google's systems, according to people
familiar with the matter, part of a plan to comply with a new
data-privacy law in Europe.
DOJ and AT&T Clash Over Impact on Consumers of a Time Warner Deal
The Justice Department warned consumers will see price increases
of more than $400 million for pay TV if the proposed combination of
AT&T Inc. and Time Warner Inc goes ahead; AT&T said that's
preposterous.
Takata Whistleblower Claimants Settle Fight Over Air-Bag Compensation
Three former Takata Corp. employees calling themselves
whistleblowers settled a legal battle over $850 million the
supplier of exploding air bags owes to car companies shouldering
costs for unprecedented safety recalls.
Pershing Square Cashes Out of Nike Stake
William Ackman's Pershing Square Capital Management cashed out
of its brief holding in Nike in recent weeks, for a profit of
around $100 million.
Steve Wynn Sells Roughly Third of His Stake in Company He Co-Founded
Steve Wynn sold just over a third of his shares in Wynn Resorts,
making his ex-wife, co-founder Elaine Wynn, the company's new
largest shareholder, securities filings show.
Best Buy to Stop Selling Huawei Phones
Best Buy plans to stop selling phones in the U.S. made by Huawei
Technologies, the latest blow for the Chinese cellular-electronics
giant in the U.S.
Deutsche Bank Prices Shares of DWS Unit
Deutsche Bank AG said it expects to receive about EUR1.4 billion
($1.7 billion) from selling a minority stake in its
asset-management business, DWS Group, after pricing shares toward
the lower end of a range announced earlier this month.
Whole Foods Losing Executives Under New Owner Amazon
More than a dozen executives and senior managers have left Whole
Foods in the seven months since its acquisition by
Amazon.com-leaving some suppliers and shoppers worried the chain's
retailing mojo won't endure.
The Savviest Tech Investor You've Never Heard of Is Selling Down Tencent
One of the oldest and largest investors in Tencent Holdings
plans to sell more than $10 billion worth of shares in the Chinese
internet giant, partially cashing out of one of the world's most
lucrative tech bets at a time of turbulence for the sector.
(END) Dow Jones Newswires
March 22, 2018 17:15 ET (21:15 GMT)
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