Senate Rebukes Trump With Vote to Reinstate ZTE Sales Ban 
 

ZTE lost a skirmish with U.S. lawmakers when the Senate passed legislation that would reinstate a ban on sales of U.S. components to the Chinese telecommunications company.

 
Australia Court Orders Apple to Pay Penalty for Service Breach 
 

An Australian court ordered Apple Inc. to pay a penalty equivalent to $6.7 million after the tech giant "bricked" iPhones and iPads and didn't offer to fix them because they had been previously serviced by third-party providers.

 
Wells Fargo to Restructure Wealth Management Business 
 

Wells Fargo is expected to announce a restructuring of its wealth management business, as it grapples with probes tied to client referrals and related matters.

 
JPMorgan to Pay $65 Million Fine for Dollar Benchmark Manipulation 
 

JPMorgan Chase agreed to pay a $65 million fine to settle claims that it tried to manipulate a global interest rate benchmark, the latest fine levied by U.S. regulators to punish crisis-era manipulation schemes by large banks.

 
Los Angeles Times Names Pearlstine as New Editor After Sale to Billionaire 
 

Publishing industry veteran Norman Pearlstine was named the executive editor of the Los Angeles Times as its new billionaire owner pledged to invest in the newspaper.

 
Fujifilm Sues Xerox for More Than $1 Billion After Canceled Merger 
 

Fujifilm Holdings is suing Xerox for breach of contract and estimated damages of more than $1 billion after the printer and copier company walked away from a planned merger.

 
Audi CEO Arrested in Emissions-Cheating Probe 
 

The CEO of Volkswagen's luxury brand Audi was arrested in connection with an investigation of his role in the German car maker's diesel emissions-cheating scandal.

 
Supreme Court to Consider Apple Appeal in Lawsuit Over iPhone App Prices 
 

The Supreme Court announced it will hear an Apple appeal challenging the propriety of a lawsuit brought by consumers who allege that the company illegally monopolized the sale of iPhone apps.

 
Disney Tests Pricing Power at Theme Parks 
 

After raising some ticket prices for its theme parks by more than 20% over the past five years, Walt Disney will set a new benchmark this week when it offers die-hard fans the chance to attend a six-hour preview of a new attraction at Disneyland-for $299.

 
Google Invests $550 Million in Chinese Online Shopping Site JD.com 
 

Google's $550 million investment in JD.com will deepen its ties with China and strengthen its foothold in online shopping.

(END) Dow Jones Newswires

June 18, 2018 23:00 ET (03:00 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.