Facebook Is Pummeled by User-Data Blowback

Facebook confronted an intensifying crisis as political leaders in the U.S. and Europe called for aggressive inquiries into whether the technology giant failed to stop improper access and handling of user data, scrutiny that sent the company's stock to its biggest decline in four years.

 
U.K. Seeks Search Warrant for Cambridge Analytica After Facebook Scandal

U.K. officials are seeking a warrant to search the offices and computer systems of Cambridge Analytica, a political-data firm accused of illicitly harvesting and stockpiling data on millions of Facebook users.

 
Three Former Newell Directors to Drop Their Proxy Fight

Three former Newell Brands directors will part ways with the activist investors they aligned with in a proxy fight, opting out after the company struck a deal with Carl Icahn.

 
Glencore Doubles Down on Coal With $1.7 Billion Australian Investment

Glencore added to its growing portfolio of coal assets with a $1.7 billion investment in a pair of Australian producers-part of a bet by the mining giant that demand for coal in Southeast Asia will remain strong, even as competitors shy away from the stuff.

 
Is Ping An China's Most Valuable Insurer or a Tech-Investing Fad?

The $100 billion question for the world's second-largest insurer: is it an insurance firm or is it a technology firm?

 
Hong Kong Stock Market Holds Out Hope for Aramco Listing

The head of Hong Kong's stock exchange said he believes the Saudi state oil giant will eventually need to list in Hong Kong, despite news that its highly anticipated initial public offering is likely to take place on its domestic market.

 
Oracle's Cloud Sales Climb, but Forecast Disappoints

Oracle Corp.'s shares sank 6.5% in late trading Monday after the company disappointed Wall Street with its guidance for cloud-computing revenue in the current quarter-the third-consecutive period it has done so.

 
Publicis Forecasts Margin Growth

Publicis said it expects its operating margin to grow annually over the next three years and aims to reach an organic growth rate of 4% in 2020.

 
Facebook's Security Chief Plans to Step Down

Facebook's security chief, Alex Stamos, plans to step down from the embattled social-media company this year, following clashes with policy executives and an internal reorganization that whittled down his responsibilities.

 
Aramco Scales Back IPO Plan, Eyes Saudi-Only Listing

Saudi Arabia is scaling back its ambitions for a public offering for oil giant Aramco, moving ahead with a listing next year solely on the Saudi stock exchange while taking more time to decide if an international venue is worth it, government officials and others close to the process say.

(END) Dow Jones Newswires

March 20, 2018 09:00 ET (13:00 GMT)

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