News Highlights: Top Company News of the Day
February 22 2018 - 3:15PM
Dow Jones News
Airbnb Adds Hotels and Luxury Listings to Bolster Growth
Airbnb Inc., looking to solidify sales ahead of an expected IPO,
is adding more hotels to its site, along with a loyalty program and
new tiers of listings that include luxury and more budget-friendly
offerings.
Tesla Begins Taking Model 3 Orders
Tesla for the first time is notifying some reservation holders
new to the electric-car brand that they can begin configuring and
ordering their Model 3 sedan.
Ford Names New North America President in Leadership Shuffle
Ford Motor named a new leader for its key North American
operations among several executive changes, a day after a top
executive was fired after a company investigation into allegations
of misconduct.
SpaceX Lifts Two of Its Own Prototype Satellites Into Orbit
SpaceX launched into orbit a commercial payload with two
prototype communications satellites intended to pave the way for an
eventual constellation of thousands of similar internet-via-space
satellites.
Goldman Sachs Raises $2.5 Billion to Buy Stakes in Private-Equity Firms
Goldman Sachs raised $2.5 billion to buy minority stakes in
private-equity firms, betting on an industry that is commanding
increasing influence as more businesses choose to stay private
longer.
The Big Loophole That Helped Russia Exploit Facebook: Doctored Photos
This use of doctored images was a crucial and deceptively simple
technique to spread fabricated information during the 2016
election. Tech companies, which are increasingly under fire,
struggle to screen for indications photos might have been distorted
or taken out of context.
J.C. Flowers, Cerberus Agree to Buy HSH Nordbank
U.S. private-equity firms J.C. Flowers and Cerberus Capital
Management have agreed to buy German lender HSH Nordbank for up to
$1.2 billion in a deal to be announced as early as next week.
Scroll Signs On Publishers for Service That Will Curb Their Ads
Scroll, which will launch later this year, has agreements with
publishers including Business Insider, Fusion Media Group and the
Atlantic. Gannett just signed on as an investor.
Newell Adds New Directors Ahead of Proxy Fight With Starboard
Newell Brands, a conglomerate that makes everything from Elmer's
glue to Mr. Coffee machines, is adding three new board members
ahead of a proxy fight with an activist investor seeking to oust
the entire board and chief executive.
'Angry Birds' Maker's Shares Drop 45% After Revenue Warning
Shares in Rovio fell by more than 40% after the company behind
"Angry Birds" missed fourth-quarter sales expectations and warned
revenue would be flat or lower in 2018.
(END) Dow Jones Newswires
February 22, 2018 15:00 ET (20:00 GMT)
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