News Highlights: Top Company News of the Day
August 17 2017 - 11:30PM
Dow Jones News
Energy Capital Partners Near Deal to Buy Calpine
Private-equity firm Energy Capital Partners is nearing a deal to
buy power-generation company Calpine Corp., according to people
familiar with the matter.
Blackstone Group to Buy Midstream Investor Harvest Fund Advisors
Blackstone Group LP has a deal to buy Harvest Fund Advisors LLC,
an investment-management firm with more than $10 billion in assets
under management that focuses on midstream energy assets.
New Ford CEO Hints at Changes in Auto Maker's Self-Driving Plans
Fresh into his role as Ford Motor Co.'s chief executive, Jim
Hackett said the auto maker is rethinking how customers are going
to want to use self-driving vehicle technology.
Hackett Plans Heavy Investments With His New Oklahoma Shale Play
Oilman Jim Hackett said Thursday that his new venture would
increase drilling in Oklahoma's Stack shale play and spend heavily
on pipelines, storage facilities and gas-processing plants.
Wisconsin Assembly Approves Tax Incentives for Foxconn
The Wisconsin State Assembly voted to approve a $3 billion
tax-incentive package for Taiwan's Foxconn Technology Group to
build a display-panel plant in the state.
Uber Wins Ruling on 'Terms of Service' Agreements
A federal court found that Uber Technologies customers sign over
their rights to sue in court when they click to agree to the
ride-hailing company's terms of service, which include a provision
requiring arbitration.
AT&T-Time Warner Deal, an Early Trump Target, Reaches Advanced Stage
The government review of AT&T's $85 billion takeover of Time
Warner has reached an advanced stage, a significant milestone in a
deal that was closely watched for signs of how the Trump
administration would view large mergers.
Foxtel, Fox Sports Australia to Merge
News Corp and Australian telecom company Telstra Corp. said
Thursday they planned to merge their jointly-owned pay TV company,
Foxtel, with Fox Sports Australia, a move that could set up an
eventual initial public offering.
U.S. Judge Dismisses Venezuelan Libel Suit Against Dow Jones
Case stems from 2015 Wall Street Journal article that said a top
Venezuelan official was being probed for money laundering.
MassMutual to Sell Asian Unit to Jack Ma-Backed Company
Massachusetts Mutual Life Insurance Co. agreed to sell its Hong
Kong-based operations for about $1.7 billion to a group of Asian
investors that includes two companies affiliated with Chinese
billionaire Jack Ma.
(END) Dow Jones Newswires
August 17, 2017 23:15 ET (03:15 GMT)
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