News Highlights: Top Company News of the Day
November 22 2017 - 9:15PM
Dow Jones News
Former Weinstein Co. Video Distributor Ups Pressure on Studio
The court-appointed trustee overseeing a defunct company that
distributed DVDs for Weinstein Co. says there is "an accumulating
mountain of evidence" that the movie studio is in peril and is
demanding that at least $45 million be held for creditors.
Outcome Health Employee Made Whistleblower Claim, Investor Lawsuit Says
Outcome Health's CEO was sent a whistleblower letter last year
by a salesman accusing the company of committing "ongoing fraud,"
allegations the ad startup told investors had no merit, according
to documents filed in an investor lawsuit.
Fiat Chrysler Recalls Brand New Compact SUVs for Airbag Defect
Fiat Chrysler Automobiles NV said Wednesday it is recalling
about 8,000 late-model Jeep SUVs to fix defective airbags that pose
a potential hazard to front-seat passengers.
Carl Icahn Buys Stake in SandRidge Energy
Carl Icahn has purchased a 13.5% stake in SandRidge Energy Inc.,
joining a list of shareholders who say a deal the oil-and-gas
producer struck last week for Bonanza Creek Energy Inc. makes
little sense.
What Does the AT&T Lawsuit Mean for Fox?
As the industry weighs the impact of the Justice Department's
lawsuit, Comcast Corp.'s bid to acquire a significant chunk of 21st
Century Fox's assets draws comparisons to the AT&T-Time Warner
deal.
Uber Breach and Response Draw Global Regulatory Scrutiny
Government officials world-wide said they would look at Uber
Technologies Inc.'s handling of a major data breach last year.
Facebook Plans to Let Users Know if They Followed Russian Pages
Facebook plans to tell millions of users who liked or followed
any of the 290 Facebook and Instagram pages created by Russian
actors that they were ensnared in an alleged misinformation
campaign around the U.S. presidential election last year.
Puerto Rico Grid Contractor Dispute Devolves Into Litigation
The company hired to rebuild Puerto Rico's power grid has filed
a lawsuit blaming one of its subcontractors for a work stoppage
that has slowed progress on repairing one of the island's major
electrical arteries.
Exxon, Shell, BP Join Forces to Cut Emissions From Natural Gas
Exxon Mobil Corp. has joined with seven other big energy
companies to reduce pollution from natural gas production, an
effort by the industry to present itself as part of the solution as
governments and consumers demand more environmentally friendly
energy.
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.
(END) Dow Jones Newswires
November 22, 2017 21:00 ET (02:00 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.