News Highlights: Top Company News of the Day
January 15 2017 - 11:30PM
Dow Jones News
South Korea Indicts Pension Chief Involved in Samsung Merger
South Korean prosecutors indicted the head of the country's
National Pension Service, as investigators tightened their focus on
a 2015 merger of two Samsung affiliates that has pulled the Samsung
conglomerate's heir apparent into a wide-ranging political
corruption scandal.
To Win Back Customers, Fashion House Fendi Thinks Small
The Rome-based house has regained its buzz with new products
such as straps, pompoms and bag charms geared toward shoppers tired
of cookie-cutter accessories.
Donald Trump Tells Auto Makers They 'Have to Start Making Things Here Again'
President-elect Trump told companies they will have to shift
manufacturing to the U.S. in order to do business here, in a series
of comments indicating a tough posture toward U.S. trade
partners.
Wanda Group, Owned by China's Richest Man, Suffers Rare Off Year
Billionaire Wang Jianlin's property-to-entertainment
conglomerate reported its first revenue decline in at least six
years, citing a softening commercial-property market.
Trial Reveals Pitfalls of Whistleblower Claims From In-House Lawyers
Sanford Wadler, the former general counsel of Bio-Rad
Laboratories, will be using sensitive material from the life
sciences research company to support his case in a
wrongful-termination lawsuit.
SpaceX Launches Rocket With 10 Iridium Satellites
Space Exploration Technologies Corp. successfully launched its
Falcon 9 rocket, rebounding from a catastrophic accident in
September.
NASA's Advisers Heighten Warnings About Manned SpaceX Flights
Fueling rockets with astronauts already strapped into capsules
on top entails major explosion risks and other uncertainties that
need to be assessed, the aerospace safety advisory committee said
in its annual report.
Moody's Agrees to Settle Financial Crisis-Era Claims for $864 Million
The ratings firm will pay about half to the Justice Department
as a civil penalty and the rest to 21 states in connection with
bond grades it issued before the 2008 housing-market collapse.
Sony Entertainment CEO Michael Lynton Stepping Down
Sony Corp.'s entertainment chief, Michael Lynton, is stepping
down to devote his time to the chairmanship of the board of Snap
Inc. ahead of its public stock offering planned for later this
year.
Foundation Building Materials Files for IPO
Foundation Building Materials, a distributor of items including
wallboard, metal framing and ceiling systems, has filed for an
initial public offering.
(END) Dow Jones Newswires
January 15, 2017 23:15 ET (04:15 GMT)
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