Arrest of Huawei CFO Hinges on an Offshore Puzzle 
 

The case of Huawei CFO Meng Wanzhou could hinge on the question of who controlled Skycom, which is shrouded in mystery in part because of its opaque ownership and its dealings with Iran.

 
Google to Accelerate Closure of Google+ Social Network 
 

Google said it would close the consumer version of its Google+ social network after discovering a software bug that exposed the private profile information of 52 million users to outside app developers, the second time this year the company has acknowledged exposing private user data.

 
Sears Proposed Bonuses Draw Fire From Bankruptcy Watchdog 
 

Sears Holdings Corp.'s push to pay up to $25 million in bonuses to executives and some high-ranking non-insiders has drawn fire from a bankruptcy watchdog.

 
Charges Expected Over Construction in Bloomberg Buildings 
 

A former executive at Bloomberg LP and construction-industry officials are expected to be charged for what prosecutors have alleged is a multimillion-dollar fraud scheme relating to construction work in two of the company's buildings.

 
Under Armour Ousts Two Executives After Review of Expenses 
 

Under Armour Inc. ousted two sports-marketing executives, according to people familiar with the matter, after the apparel brand conducted an internal review of their department's spending.

 
Gilead Looks Outside to Revive Growth 
 

Gilead's new CEO is well-suited for the company's top priority: finding new deals to help boost sales.

 
Verizon to Shed More Than 10,000 Workers in Voluntary Separations 
 

Verizon will shed about 10,400 workers who have accepted a severance package as it works to cut $10 billion in costs and upgrade to a faster 5G network.

 
Bunge CEO To Step Down 
 

Bunge's chief executive has agreed to step down from his position, a move that comes as the agricultural giant seeks to placate investors upset by its performance.

 
Neiman Marcus Bondholder Sues Over Transfer of MyTheresa Business 
 

Marble Ridge Capital, an investment firm with a position in Neiman Marcus Group Ltd.'s debt, sued the company alleging that a recent transfer of the retailer's MyTheresa unit from a subsidiary of the company to its parent company is a fraudulent transfer.

 
Apple Hit With Sales Ban on Older iPhones in China 
 

A Chinese court ordered Apple to stop selling older iPhone models in the country after finding it infringed on two Qualcomm patents, the chip supplier said.

(END) Dow Jones Newswires

December 10, 2018 17:15 ET (22:15 GMT)

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