News Highlights: Top Company News of the Day
November 21 2017 - 7:30AM
Dow Jones News
Tech Boom Creates New Order for World Markets
Shares in technology companies are outpacing other sectors this
year by the widest margin since the height of the dot-com era, with
a handful of key players dictating how markets are performing
around the world.
Tencent Still Has a Bit to Learn From Facebook
Chinese tech giant Tencent has surpassed Facebook in market cap,
but it needs to earn money like the U.S. social-media behemoth.
AT&T's CEO Readies for a Fresh Government Fight
The Justice Department's lawsuit challenging AT&T's bid for
Time Warner isn't the first time CEO Randall Stephenson's strategic
plans have been upended by the federal government around
Thanksgiving.
Five Things to Know About the U.S. Case Against AT&T-Time Warner
The Justice Department's case against the merger is a rare
challenge of a 'vertical merger' and is being strongly opposed by
AT&T.
After Toshiba Share Sale, Activist Investors Gain Influence
Toshiba's plan to sell $5.3 billion of new shares to overseas
funds secures its future but will likely lead to demands for
further cost-cutting, unit sales and governance reforms from
activist investors.
HP Inc. Earnings: What to Watch
HP Inc. is scheduled to report fiscal fourth-quarter results on
Tuesday after the market closes. Here is what you need to know.
Hewlett Packard Enterprise Earnings: What to Watch
Hewlett Packard Enterprise is scheduled to report fiscal
fourth-quarter results on Tuesday. Here is what you need to
know.
U.S. Files Lawsuit Challenging AT&T-Time Warner Deal
The Justice Department filed a lawsuit Monday challenging
AT&T's proposed acquisition of Time Warner, alleging the
combination of the two companies poses an unlawful threat to
competition that could raise prices and slow innovation.
Fox Creates Advisory Committee to Settle Sexual Harassment Complaint
21st Century Fox has set up a committee of outside experts to
help Fox News improve its workplace culture as part of a settlement
with a shareholder who accused the company of breaching its
fiduciary duty by failing to clean up a "hostile work
environment."
Bankrupt Toys 'R' Us Seeks Cash Bonus for CEO
Toys 'R' Us is seeking bankruptcy court permission to pay Dave
Brandon, the company's chief executive officer since 2015, a cash
bonus of as much as $12 million for 2017, on top of a $2.8 million
"retention" bonus he received just before the company filed for
bankruptcy in September, according to court filings.
(END) Dow Jones Newswires
November 21, 2017 07:15 ET (12:15 GMT)
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