Cambridge Analytica Staff Told Firm Is Liquidating 
 

Cambridge Analytica, the firm at the heart of Facebook's data scandal, is liquidating assets and has asked employees to vacate its London offices.

 
U.S., China Agree on Outline to Settle ZTE Controversy 
 

The U.S. and China have agreed on the broad outline of a deal that would save imperiled Chinese telecom giant ZTE, as the two sides move closer to resolving their trade dispute.

 
Zuckerberg Enters the Lion's Den: Privacy-Focused Europe 
 

Top European lawmakers are set to interrogate Facebook CEO Mark Zuckerberg over the company's handling of alleged user-data misuse and election interference on the platform.

 
Santos Rejects More-Than $10 Billion Offer as Oil Prices Rise 
 

Australia's Santos rejected a more than US$10 billion takeover bid by Harbour Energy Ltd. on Tuesday, saying the offer undervalued it given recent oil-price gains.

 
Highest-Paid Software and Services CEOs 
 

Gary Norcross of Fidelity National Information Services was the highest-paid software executive in 2017 at $29.1 million.

 
Starbucks Clarifies Policy on Allowing Nonpaying Guests 
 

Starbucks tried to dig itself out of controversy by attempting to clarify a policy toward nonpaying guests that generated an onslaught of complaints that cafes would turn into homeless shelters and drug havens.

 
New York Stock Exchange to Have First Female Leader in 226-Year History 
 

Stacey Cunningham, the NYSE's chief operating officer, is set to become the Big Board's 67th president.

 
Sony to Buy Mubadala's Stake in EMI Music Publishing 
 

Sony has agreed to buy Mubadala Investment's stake in EMI Music Publishing, which owns or administers over 2 million songs, including classics like "Over The Rainbow' and recent hits including Hozier's "Take Me to Church."

 
Uber's New Rules on Arbitration for Sex-Related Claims Face First Test 
 

A former Uber Technologies software engineer is suing the ride-hailing firm alleging years of sexual harassment, race discrimination and pay inequity, marking the first test of the company's new policy for sex-related claims.

 
Toll Brothers Profit Falls on Higher Charges 
 

The building company's second-quarter profit shrank to $111.8 million, or 72 cents a share, from $124.6 million, or 73 cents, for the same period last year.

(END) Dow Jones Newswires

May 22, 2018 09:15 ET (13:15 GMT)

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