News Highlights: Top Company News of the Day
September 19 2018 - 11:30AM
Dow Jones News
EU Starts Preliminary Probe of Amazon's Treatment of Merchants
European Union antitrust authorities have opened a preliminary
investigation into Amazon.com's treatment of other merchants that
sell products using its platform, starting a new regulatory front
against an American tech giant.
Goldman Sachs Nears Deal to Spin Off 'Simon' App
Goldman Sachs is nearing a deal to spin off its three-year-old
app that sells complex investment products, the bank's latest bid
to profit from its internal technology.
Apple's New Strategy: Sell Pricier iPhones First
For the second straight year, Apple is starting to sell its new
iPhone models at different times-but this time, the lag reflects a
staggered production timeline set by the tech giant rather than
manufacturing issues it experienced last year.
Google, T-Mobile Tackle 911 Call Problem
Android phones will soon send Google Maps-like location data to
emergency call centers.
AutoNation's Outspoken Chief Executive to Step Down Next Year
AutoNation CEO Mike Jackson, who stood out in the tight-lipped
auto industry for his outspoken personality, will step down after
leading the U.S.'s largest dealership chain for nearly two
decades.
Deutsche Bank Senior Banker Advised Bosses to Consider Breakup
A former senior investment banker at Deutsche Bank recommended
earlier this year that the troubled German lender consider breaking
itself up to address its persistent competitive weaknesses.
U.K. Puts Brakes on Novartis' CAR-T Drug
Novartis immunotherapy Kymriah is too expensive to be
recommended for use in adults with B-cell lymphoma that have
relapsed or haven't responded to first-line treatment, a U.K.
regulator said.
Worldpay Co-CEO Philip Jansen to Leave at End of Year
The payments technology firm said co-CEO Philip Jansen is
leaving the company Dec. 31. His fellow co-CEO, Charles Drucker,
will then become the lone CEO of Worldpay.
Prudential Names New Finance Chief
Prudential Financial named new executives, including a new chief
financial officer, about a week after announcing its chief
executive would step down.
Hedge Funds' Pain at NXP Can Be Others' Gain
There is something wrong at NXP and it is not the company's
business but its shareholders. Long-term investors could profit
from this anomaly.
(END) Dow Jones Newswires
September 19, 2018 11:15 ET (15:15 GMT)
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