News Highlights: Top Company News of the Day
November 22 2017 - 11:15AM
Dow Jones News
Exxon, Shell, BP to Join Forces to Cut Emissions From Natural Gas
Exxon Mobil plans to join with other big energy companies in an
effort to reduce pollution from natural gas production, said people
familiar with the matter.
P&G Says Still Reviewing Razor-Thin Proxy Vote
Procter & Gamble said it is continuing to review the
official tally of the hotly contested proxy contest with activist
Nelson Peltz but hasn't decided whether to formally challenge the
results, which showed the company lost by a thin margin.
Venezuela Detains Four U.S. Citizens for Alleged Corruption at Citgo
Four of the six Citgo Petroleum executives arrested in Caracas
Tuesday for alleged corruption are U.S. citizens, a company
official said Wednesday.
Deere Earnings Helped by Equipment Demand
Deere & Co. easily beat quarterly sales and profit
expectations and predicted continued improvement in sales of its
agricultural machinery next year.
Uber Reveals Data Breach and Cover-up, Leading to Two Firings
Uber Technologies on Tuesday revealed it paid hackers $100,000
in an effort to conceal a data breach affecting 57 million accounts
last year.
Rockwell Automation Rejects New Offer From Emerson
Rockwell Automation rejected a third takeover offer from Emerson
Electric, saying the unsolicited proposal undervalued the company
and that Rockwell is better off on its own.
A Broadcom-Qualcomm Deal Would Face a Regulatory Minefield
Broadcom's $105 billion gambit to acquire Qualcomm faces
challenges not only in winning over shareholders but in navigating
a host of potential roadblocks from regulators.
China Tries to Damp Microloan Explosion
In its latest attempt to restrain the fast-evolving fintech
sector, Beijing directed local governments to stop licensing
providers of online microloans and to prohibit their operating
outside the province where they are registered.
Trump Takeaway on Tech: Enforcement Over Regulation
With its lawsuit against the AT&T-Time Warner deal and plan
to roll back net-neutrality rules, the administration is fleshing
out a regulatory approach: Instead of the Obama administration's
adoption of bright-line rules, it is stressing the enforcement of
longstanding laws and regulations.
Meg Whitman's Latest Turn Signal
Hewlett Packard shareholders should be used to the fact by now
that Meg Whitman sometimes changes her mind. That doesn't always
work out too badly.
(END) Dow Jones Newswires
November 22, 2017 11:00 ET (16:00 GMT)
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