News Highlights: Top Company News of the Day
September 24 2017 - 9:30PM
Dow Jones News
Uber Tries Compromise With London Regulators
Uber Technologies is examining concessions it could make to
London to get its operating license back, while also preparing a
legal appeal and rallying its users in the city to build
support.
White Castle Brings Its Sliders to China
The mini-burger chain is betting on China's curiosity for
Western food, rising beef consumption and a trend toward smaller
portions to succeed there.
Siemens, Alstom in Talks to Merge Rail Transportation Businesses
German industrial giant Siemens and French train-maker Alstom
are in talks to create a European rail transportation powerhouse to
better rival strong competition from China.
London Says It Won't Reissue Uber's License
London's top transport authority stripped Uber of its
private-car hire license in the city, threatening to shut the
company out of one of its biggest markets.
Facebook Abandons Plans to Change Share Structure, Avoiding Lawsuit
Facebook abandoned a plan to change its stock structure that
would have given Mark Zuckerberg more control, the latest in a
string of reversals by the social-media giant.
Investors Mull Future of L'Oréal, Nestlé After Death
The death of Liliane Bettencourt has placed a question mark over
the decadeslong ties between L'Oréal and Nestlé, two of the world's
largest consumer-goods companies.
AIG For Now Remains Under Federal Oversight
American International Group will remain under federal
supervision for now after U.S. officials discussed the firm's
future at a private meeting Friday
Kroger Pitches to Niche Food Product Brands
Kroger Co. is launching a website allowing local suppliers to
pitch niche products directly to buyers at the grocer's 2,800
stores, a response to rival Whole Foods Market's moves to be more
conventional.
Why Slow iPhone 8 Sales May Be Good for Apple
When new iPhones hit the market, they usually fly off the
shelves. But with the two models that began selling Friday, there
are signs demand is tepid-and some analysts say that could be a
good thing for Apple Inc.
'Kingsman' Sequel Rules Box Office; New Lego Movie Fails to Click
Two of Hollywood's latest attempts at creating lucrative,
sequel-spawning franchises hit theaters this weekend to mixed
results.
(END) Dow Jones Newswires
September 24, 2017 21:15 ET (01:15 GMT)
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