News Highlights: Top Company News of the Day
November 24 2017 - 3:30PM
Dow Jones News
YouTube Faces Backlash After Ads Appear Near Pedophile Comments
A fresh wave of advertisers suspended commercials on YouTube
after their ads showed up next to videos that appeared to attract
pedophile viewers and comments.
CBS and Dish Reach Agreement, Ending Thanksgiving Blackout
Dish Network Corp. said it reached a carriage agreement with CBS
Corp. and was restoring the programmer's stations to more than two
million subscribers impacted by a three-day blackout that lasted
through CBS's Thanksgiving Day NFL game.
Puerto Rico Grid Contractor Resumes Work After Partial Payment
The company that was hired and then fired under a $300 million
deal to rebuild Puerto Rico's power grid has resumed repairs on a
critical power artery after receiving partial payment on an $83
million bill backlog.
Black Friday Kicks Off, With Upbeat Shoppers and Fewer Discounts
Attention Black Friday shoppers: Prices may not be as low this
time around. Nevertheless, even as this year has proved one of the
most challenging for retailers, analysts are predicting robust
holiday sales.
Out of Africa: KKR Disbands African Private-Equity Team
KKR has disbanded its Africa deal team after making just one
investment on the continent because it couldn't find enough big
companies to buy.
New Uber CEO Knew of Hack for Months
While the massive data breach at Uber Technologies Inc. didn't
happen under the watch of the new chief executive, more than two
months elapsed before he notified affected customers and drivers of
the incident, people familiar with the matter said.
Clariant Dismisses Demands of Activist Investor
Swiss chemicals company Clariant rejected many demands of its
largest shareholder in the wake of the failed $15 billion merger
with U.S.-based Huntsman, escalating a battle with activist
investors.
Mitsubishi Materials' Quality Scandal Kept Quiet for Months
Mitsubishi Materials Corp. said its subsidiary knew for months
factory workers were tampering with quality information on
airplane, car, and power-plant parts but continued to ship the
products to places, possibly including to the U.S.
Rio Tinto Isn't Tesla; It Should Hold Fire On a Lithium Bet
Lithium-battery and electric-vehicle plays are enjoying a
futuristic ride into the stratosphere. Rio Tinto shouldn't
follow-at least not yet.
Shopping by Phone Begins Right After the Pumpkin Pie
Mobile phones have accelerated a fundamental change in holiday
shopping: online buying on Thanksgiving.
(END) Dow Jones Newswires
November 24, 2017 15:15 ET (20:15 GMT)
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