News Highlights: Top Company News of the Day
September 20 2017 - 11:15PM
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.
Some Toys 'R' Us Debt Takes Hit From Bankruptcy Filing
Toys "R" Us Inc.'s bankruptcy filing has sparked a rout in some
of the company's debt, as investors grapple with the fallout from
the unexpected move.
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.
Two California Cities Sue Oil Majors Over Climate Change
Two Northern California cities filed separate lawsuits against
five major oil companies Wednesday, asking state courts to force
the companies to fund infrastructure the cities say is needed
because of climate change.
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, a security firm said in a confidential note Equifax
sent to some of its customers.
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.
SunEdison Seeks $21 Million Sale of Texas Industrial Site to Corning
SunEdison Inc. has requested bankruptcy court permission to sell
nearly 700,000 square feet of industrial space in Texas to Corning
Research & Development Corp., a major supplier of glass for
Apple Inc.'s iPhones.
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.
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 the U.S. and
other countries.
Music Industry Recovery Continues, Powered by a Surge in Subscriptions
Revenue from recorded music accelerated in the first half of
2017 in the U.S. as more consumers shelled out for subscription
streaming services.
(END) Dow Jones Newswires
September 20, 2017 23:00 ET (03:00 GMT)
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