News Highlights: Top Company News of the Day
March 23 2017 - 3:30PM
Dow Jones News
Google Faces Tall Order Policing Content
Google's commitment to better police the millions of websites
and videos across its advertising network is complicated by the
very scale and diversity that has made the network so attractive to
marketers.
Ford Warns Higher Rates, Decline in Resale Values Will Hurt Results
Ford Motor Co. raised a caution flag for the auto industry,
saying higher interest rates and a steady decline in used-car
values will hurt the most important factor in the recent U.S. sales
boom: affordability.
MF Global, PwC Settle Malpractice Lawsuit
Failed brokerage MF Global Holdings Ltd. and accounting firm
PricewaterhouseCoopers LLP have settled their high-profile
accounting-malpractice lawsuit in which the brokerage contended bad
advice from PwC contributed to its 2011 collapse.
Eric Mindich's Hedge Fund, Eton Park, to Close Down
High-profile investor Eric Mindich is closing down his hedge
fund, Eton Park Capital Management L.P., amid poor performance and
slowing interest in hedge funds.
Shell Oil Spills Led to 'Astonishingly High' Pollution in Nigeria
Shell oil spills that haven't been cleaned up for over eight
years have contributed to "astonishingly high" levels of pollution
in a Nigerian community, according to a consultant who helped
produce a confidential damage assessment.
U.K. Reopens Probe Into Barclays' 2008 Deal With Qatari Investors
Britain's financial regulator has reopened a probe into how
Barclays persuaded Qatar's sovereign-wealth fund to bail out the
bank during the 2008 financial crisis, just as a separate
investigation of that matter by the Serious Fraud Office nears
resolution.
Disney Extends CEO Iger's Tenure
With no successor to take the helm at the world's largest media
company, Robert Iger will stay on at least one additional year as
head of Walt Disney.
Valeant CEO Paid $62.7 Million in 2016
Valeant Pharmaceuticals International Chief Executive Joseph
Papa took in $62.7 million in pay last year as it navigated the
fallout from accounting problems, a near debt default and
investigations by Congress.
Union at BHP's Escondida Copper Mine in Chile to End Strike
Workers at BHP Billiton Ltd.'s majority-owned Minera Escondida
mine in Chile will end a strike at the world's biggest copper
operation this weekend, a union leader said Thursday.
March 911 Outage Affected More Than 12,000 Callers
More than 12,000 AT&T wireless customers couldn't get
through to 911 during a five-hour outage earlier this month,
federal regulators say.
(END) Dow Jones Newswires
March 23, 2017 15:15 ET (19:15 GMT)
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