News Highlights: Top Company News of the Day
March 24 2017 - 1:30PM
Dow Jones News
Trump Administration Grants Permit for Keystone Pipeline
The Trump administration has signed a presidential permit for
TransCanada to build Keystone XL, bringing the oil pipeline closer
to fruition more than a year after former President Barack Obama
blocked its construction.
Goldman Veteran Poached by Private-Equity Firm
A Goldman Sachs partner who oversaw the bank's business of
packaging mortgages and other consumer loans for sale to investors
is leaving for an investing arm of San Francisco-based buyout shop
TPG.
Regulators Give Passing Grade to 'Living Wills' for Regional Banks
U.S. regulators gave 15 regional banks a passing grade on their
"living will" plans for bankruptcy, a victory win for those firms
that demonstrates how their regulatory environment is significantly
less stressful than for the largest U.S. banks.
Wal-Mart Acquires Niche Sites, to the Dismay of Hipsters
Wal-Mart is rapidly buying up hip, small online retailers that
appeal to wealthier shoppers in hopes of finally taking on Amazon.
The deals give Wal-Mart access to new groups of shoppers, but some
have balked at the change.
Credit Suisse Chief Gets Pay Bump Despite Loss in 2016
Credit Suisse increased its bonus pool by 6% in 2016 to over $3
billion, despite posting a sizable loss.
Blackstone to Sell SeaWorld Stake to China's Zhonghong
Blackstone is exiting its stake in SeaWorld Entertainment,
reaching a deal to sell shares it held to Chinese investment group
Zhonghong Holding.
Health-Data Watchdog Company Has a Powerful Adviser
A new board member at 4C Health Solutions, which roots out
questionable health-insurance claims, is President Donald J.
Trump's personal attorney, Michael D. Cohen.
Air Products & Chemicals Walks Away From Bid for Yingde Gases
Industrial gas maker Air Products & Chemicals Inc. backed
away from its bid to buy China's Yingde Gases Group Co.
Theranos Offers Shares for Promise Not to Sue the Company
A deal approved by Theranos's board would give investors who
pledge not to sue the battered blood-testing company some shares
from founder Elizabeth Holmes's stake.
Samsung's Restructuring Plan Faces Challenges
Samsung Electronics' chief executive said that officials see
challenges in restructuring the sprawling Samsung conglomerate,
with a continuing review revealing "adverse implications" to
switching to a holding-company structure.
(END) Dow Jones Newswires
March 24, 2017 13:15 ET (17:15 GMT)
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