News Highlights: Top Company News of the Day
December 13 2017 - 9:15PM
Dow Jones News
AT&T Reaches Contract With Union
AT&T Inc. reached a tentative deal with the union
representing more than 21,000 of its wireless-support and retail
workers, ending a 10-month standoff over pay and work
conditions.
Disney Finalizing Pact to Acquire Assets From 21st Century Fox
Walt Disney is close to a deal to acquire a large piece of 21st
Century Fox, people familiar with the situation say, in a pact that
could help the entertainment giant accelerate its ambitions in
streaming media, shore up its television business and grab hold of
lucrative movie franchises.
Lawmakers Seek Checks on Phony Comments Before 'Net Neutrality' Vote
Some lawmakers are calling on the Federal Communications
Commission to add new safeguards against fraudulent public online
comments amid an FCC vote Thursday to that require internet-service
providers to treat all web traffic equally.
Boston Herald Seeks Quick Sale to GateHouse Media
The bankrupt Boston Herald hopes to close its sale to GateHouse
Media by late February, and the prospective new owner-which plans
to cut about one quarter of the jobs at the conservative tabloid--
will begin talking to employees about their futures next month.
Westinghouse Says Sales Process Generated Significant Interest
A Westinghouse Electric lawyer said Wednesday that the
exploratory sale process the company is conducting has generated
significant interest from potential suitors.
Why Apple Is Chipping In on Finisar
Apple is awarding $390 million to Finisar, which makes the key
components in the types of 3-D sensing arrays that Apple uses in
its iPhone X to scan the user's face.
Redbox to Offer Digital Movie Downloads
After disrupting the DVD rental business with its kiosks and low
prices, Redbox is getting into the digital game with an offering
that includes every Hollywood studio except Disney, which it's
battling in court.
How Language in Job Listings Could Widen Silicon Valley's Gender Divide
Use of certain phrases like "whatever it takes" or "tackle" in
job postings could affect who applies for tech jobs, possibly
contributing to the lopsided gender makeup of the industry, new
research suggests.
China's HNA Group Seeks to Reassure Lenders, Investors
Chinese conglomerate HNA Group is working to persuade lenders
and investors that it is financially sound following sharp declines
in the prices of bonds and shares of some of its units.
U.S., Japan Express Concern Over China's Interest in Saudi Oil Giant
The U.S. and Japan have urged Saudi Arabia to pursue an
international listing for oil giant Aramco, fearing the possible
sale of a stake to China would give Beijing too much sway in the
Middle East.
(END) Dow Jones Newswires
December 13, 2017 21:00 ET (02:00 GMT)
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