Apple's Cook Joins Business Leaders Criticizing Trump's Remarks 
 

Apple CEO Tim Cook joined the chorus of business leaders criticizing President Trump's response to Saturday's deadly white-supremacist protests and said the company would donate money to battle hate groups.

 
Facebook Shut Down Employee Chat Room Over Harassing Messages 
 

Facebook dismantled a popular anonymous discussion board for employees last year that had become a forum for conservative political debate that sometimes degenerated into racist or sexist comments.

 
Elliott Moves to Block Berkshire Bid for Oncor; Buffett Stands Pat 
 

Elliott Management has purchased a slice of debt that would ensure the hedge fund's ability to block Warren Buffett's deal to buy power-transmission business Oncor, according to people familiar with the matter.

 
Deloitte Acquires Acne Agency to Boost Creative Services 
 

Deloitte Digital has purchased creative agency Acne, the latest effort by a consulting firm to add services for marketers.

 
Sears Canada Chairman Preps Going-Concern Bid 
 

Executive Chairman Brandon Stranzl intends to submit an offer for Sears Canada that would preserve the company as a going concern, according to a Wednesday memorandum filed in its insolvency proceedings.

 
Analog Devices Hires CFO From Wabco Holdings 
 

Chip maker Analog Devices has hired Wabco Holdings' chief financial officer, Prashanth Mahendra-Rajah.

 
Mexican Supreme Court Backs América Móvil on Fees 
 

Mexico's Supreme Court ruled a law requiring dominant phone carrier América Móvil SAB to complete calls from rival networks without charge is unconstitutional, leaving it up to regulators to determine interconnection fees.

 
Prosecutors Allege Insider Trading Involving Former Bank of America IT Worker 
 

A former Bank of America employee and several friends at prominent Wall Street firms face criminal insider-trading charges over tips about potential mergers gleaned from a confidential deals database.

 
White House: Health-Insurer Payments Will Be Made in August 
 

The Trump administration said the federal government would make a set of payments to insurers for August, despite threats from the president that the funding would be halted.

 
Cisco Predicts Another Drop In Sales 
 

Shares of Cisco Systems fell more than 1% in after-hours trading after the networking company reported fiscal fourth-quarter revenue and adjusted earnings in line with expectations but predicted another drop in revenue in the next quarter.

(END) Dow Jones Newswires

August 17, 2017 05:15 ET (09:15 GMT)

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