News Highlights: Top Company News of the Day
September 21 2017 - 9:15AM
Dow Jones News
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.
EU Preps Tax Crackdown on Silicon Valley
The European Union said it is ready to propose new taxes on
companies like Facebook and Google by next spring if there isn't
"adequate global progress" toward a rewrite of corporate tax rules
at an international level.
Top Uber Investor Resists SoftBank Deal
As Uber Technologies works to finalize a potential
multibillion-dollar investment deal with Japan's SoftBank, one of
the ride-hailing giant's earliest and biggest shareholders has
indicated it doesn't intend to sell.
KB Home Cuts CEO's Bonus After His Rant at Kathy Griffin
KB Home says it will cut its chief executive's annual bonus by
25% after a recording surfaced this week purportedly of the CEO
berating neighbor Kathy Griffin in an expletive-laced tirade with
sexist and antigay language.
Daimler to Invest $1 Billion in Alabama Plant
Daimler AG plans to invest $1 billion in its Alabama
manufacturing operations and start production of a fully electric
sport-utility vehicle, a move that comes as the German auto maker
expands its U.S. footprint and global electrification drive.
Amazon Puts Whole Foods on Fast Track to Conventional Supermarket
Whole Foods will change the way companies can sell and market
their products beginning next year, banning 'brand advocates' from
stores and pushing sellers to pitch to the grocer's Austin, Texas
headquarters.
HuffPost Hits the Road to Promote a New, Anti-Elitist Mission
The editor of the website formerly known as the Huffington Post,
which has faced stagnant reader traffic, is trying to promote a
redefined mission with a "Listen to America" bus tour.
CVS Health Moves to Limit Access to Opioid Painkillers
One of the largest managers of pharmaceutical benefits in the
U.S. says it will start limiting the duration and dose of some
prescriptions for opioid painkillers, in an effort to combat
widespread addiction.
What Google Wants With HTC's Smartphone Business
Google's $1.1 billion deal with HTC carries risks, but the
internet giant needs more scale if it is to maintain its influence
in the smartphone business.
Google Jumps Back Into Hardware With $1.1 Billion HTC Deal
Google said it would buy part of struggling Taiwanese smartphone
maker HTC for $1.1 billion in cash, as it accelerates its efforts
to crack the handset market.
(END) Dow Jones Newswires
September 21, 2017 09:00 ET (13:00 GMT)
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