News Highlights: Top Company News of the Day
March 20 2018 - 7:30PM
Dow Jones News
Facebook Faces FTC Probe of Data Use by Cambridge Analytica
The Federal Trade Commission is probing Facebook over the use of
personal data by an analytics firm tied to President Trump's
campaign.
Orbitz Discloses Possible Data Breach Affecting 880,000 Payment Cards
Expedia Inc.'s Orbitz subsidiary said Tuesday it has discovered
a possible data breach affecting thousands of customers on one of
its older sites and a partner platform.
Uber's New CEO Confronts His First Crisis With Driverless-Car Death
Dara Khosrowshahi spent much of the first six months as Uber's
CEO cleaning up scandals he inherited. Just as it appeared Uber was
turning a corner, a new crisis has emerged.
Joseph Wolk to Succeed Dominic Caruso as Johnson & Johnson CFO
Johnson & Johnson Chief Financial Officer Dominic Caruso
will retire in September, the health-products giant said. Joseph
Wolk will succeed him.
Salesforce Reaches Deal to Buy Cloud-Application Builder MuleSoft
Salesforce.com Inc. is buying MuleSoft Inc. in a deal valuing
the firm at $6.5 billion as Salesforce continues its efforts to
expand service offerings beyond customer-relationship management
software.
Amazon Passes Alphabet as Second-Largest U.S. Company
Amazon is on track to close with a higher market value than
Alphabet for the first time, leaving the e-commerce giant only
behind Apple among the largest U.S. firms.
AT&T-Time Warner Trial Tip-Off Postponed by Snow
Forecasts of snow in the U.S. capital prompted a federal judge
to push back to Thursday the opening arguments in the long-awaited
antitrust trial of AT&T Inc. and Time Warner Inc.
Google Makes $300 Million Commitment to Supporting News
Google unveiled a three-year, $300 million commitment to help
news organizations adapt to the digital age, the search giant's
latest olive branch to a publishing industry.
Senators Press Car Executives, Regulator on Explosive Air Bags
Senate lawmakers pressed regulators and automotive executives on
lagging repairs of rupture-prone air bags, bemoaning the pace of an
unprecedented recall of devices linked to numerous deaths and
injuries.
Brookfield to Pick Up 25% Stake in European Money Manager
Real estate giant Brookfield Asset Management Inc. agreed to buy
a 25% stake in the European private-debt investor LCM Partners Ltd.
and its loan-servicing arm.
(END) Dow Jones Newswires
March 20, 2018 19:15 ET (23:15 GMT)
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