News Highlights: Top Company News of the Day
December 09 2018 - 9:30PM
Dow Jones News
Roche Executive to Be Named Gilead CEO
Gilead Sciences is planning to hire industry veteran Daniel
O'Day to take the helm and help the drug company revive sales and
recover from a disappointing deal.
Two British Banks Ensnared in Huawei Dispute
Two large British banks are among those ensnared in the
controversy over Huawei Technologies. The dispute escalated over
the weekend after the Chinese government warned Canada it would
face "severe consequences" if it didn't release the Chinese telecom
giant's finance chief.
Uber-Lyft Showdown Shifts to Public Markets
The race between Uber and Lyft to go public next year promises
to extend their rivalry for customers to competition for global
investors.
E-Commerce Companies Get Creative in Quest for 'Last Mile' Space
From tents on vacant suburban lots to a parking garage converted
for package handling underneath Chicago's Millennium Park,
companies are getting creative in the race to get goods to
consumers this holiday season.
Longtime Yelp Shareholder Seeks Board Overhaul
Longtime Yelp shareholder SQN Investors says years of missteps
are weighing on the business-review company's stock price and plans
to publicly push it to add new board members.
Ghosn Planned to Replace Nissan CEO Before His Arrest
Nissan Motor's Carlos Ghosn was planning to replace CEO Hiroto
Saikawa before Mr. Ghosn's arrest in Tokyo last month, adding a new
twist to the drama inside Nissan this year.
GM Bids Farewell to Its Breakthrough Electric Car
The Chevrolet Volt is headed to the scrap heap, but during its
decade on the market the electric vehicle reflected the strengths
and weaknesses of General Motors and auto making in Detroit.
Investor Frenzy for Scooter Startups Cools
The investor frenzy for shared electric scooters is cooling, as
two leading startups lower their fundraising ambitions while
dealing with vandalism, rising competition and other growing
pains.
Huawei Offensive Is Acceleration of Yearslong Endeavor
This month's arrest of Huawei's chief financial officer and heir
apparent was the latest salvo against a company U.S. officials see
as a threat to national security and America's global edge in
technological innovation.
Uber Joins Rival Lyft in Race for Listing
Uber filed paperwork confidentially this week for its initial
public offering, according to people familiar with the matter, as
it races with smaller rival Lyft to be the first to market.
(END) Dow Jones Newswires
December 09, 2018 21:15 ET (02:15 GMT)
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