News Highlights: Top Company News of the Day
September 20 2017 - 7:15PM
Dow Jones News
Google to Buy Part of Phone Maker HTC
Google is set to buy the phone-design business of struggling
Taiwanese smartphone maker HTC, according to people familiar with
the situation, part of the search giant's effort to crack the
handset market.
Apple Acknowledges Cellular Connectivity Problem in New Watch
Apple acknowledged problems with cellular connectivity in its
newest smartwatch, raising questions about the device's most
significant feature days before it goes on sale in stores in the
U.S. and other countries.
Hackers Entered Equifax Systems in March
Hackers roamed undetected in Equifax's computer network for more
than four months before its security team uncovered the massive
data breach, the security firm FireEye said in a confidential note
sent to some Equifax customers.
Pfizer Alleges J&J Thwarted Competition to Remicade, in Legal Test of Biotech-Drug Copies
Pfizer filed suit against Johnson & Johnson alleging it has
thwarted competition to its arthritis drug Remicade by effectively
preventing health insurers, hospitals and clinics from offering
Pfizer's lower-priced copy.
Albertsons to Buy Meal-Kit Company Plated
Albertsons Cos. is buying the Plated meal-kit service, the first
acquisition of a prepared-meals company by a national grocery chain
as supermarkets scramble to keep shoppers coming to their
stores.
GE to Shut Down Corporate Jet Fleet
General Electric is grounding its corporate fleet of jets as new
CEO John Flannery continues to look for ways to slash costs at the
industrial giant.
Toshiba Decides on Bain-Apple Group in Chip-Business Sale
Toshiba decided to sell its chip business to a Bain Capital-led
group that includes Apple and Dell Technologies for more than $18
billion, although opposition remains.
Some Toys 'R' Us Debt Takes Hit From Bankruptcy Filing
Toys "R" Us Inc.'s bankruptcy filing this week has sparked a
rout in some of the company's debt, as investors grapple with the
fallout from the unexpected move by the well-known retailer.
Facebook to Curtail Ads Targeting Users Interested in Anti-Semitic Topics
Facebook is adding more human reviewers to oversee its
advertising system after a report showed that people could target
ads at users interested in anti-Semitic and other hateful
topics.
European Earnings Sapped by Strong Euro
The strong euro is taking a bite out of European earnings, with
the region's companies bracing for more pain in the coming months
and searching for ways to protect their bottom line.
(END) Dow Jones Newswires
September 20, 2017 19:00 ET (23:00 GMT)
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