News Highlights: Top Company News of the Day
September 21 2018 - 7:15PM
Dow Jones News
Invesco in Talks to Purchase OppenheimerFunds
Invesco is closing in on a deal to buy rival money manager
OppenheimerFunds for more than $5 billion.
Farfetch Shares Rise in Market Debut
Farfetch Ltd. shares rose in the online luxury goods company's
U.S. trading debut Friday, making it the latest tech-facing firm to
see strong investor interest in its stock offering.
TD Ameritrade Stock-Trading Suit Allowed to Proceed
Plaintiffs in the class-action lawsuit allege the discount
brokerage prioritized its profits over their best interest on stock
transactions.
Digital Publisher Mic Network Is Considering Acquisition Offer From Media Company
Digital publisher Mic Network is considering an acquisition
offer, among other strategic options, as financial pressures mount
on the company.
FreshDirect Delivers Apologies as Grocery Shipments Stumble
The online grocer says it's still addressing stockouts and
botched deliveries since its move into a new New York distribution
center.
Airbnb Proposes Giving Hosts Company Equity
Airbnb has asked the SEC to change rules to potentially allow
the home-sharing platform to offer hosts a stake in the
company.
Apple Launches New iPhones (Again). Here's a Guide.
Two of the newest iPhones hit stores Friday, with scenes of
customers around the world lining up outside Apple stores. Customer
turnout will go a long way toward determining Apple's results over
the next year.
U.S. Probes Drugmakers Over Free Services
Federal prosecutors are probing whether big drugmakers including
Sanofi, Gilead Sciences and Biogen potentially violated laws by
providing free services to doctors and patients.
Delta Seeks Jet-Fuel Refinery Partner
Delta Air Lines is looking for a partner to share the burden of
its six-year experiment in running a jet-fuel refinery.
Finance Chiefs See Talent Development Among Top Concerns
Finance leaders consider the cultivation of talent a leading
priority that is crucial to the success of any company, according
to a new survey and comments executives made during a panel
discussion in New York.
(END) Dow Jones Newswires
September 21, 2018 19:00 ET (23:00 GMT)
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