Huawei CFO Case Hinges on an Offshore Puzzle

Meng Wanzhou's lawyer said Huawei cut ties to Skycom-which is shrouded in mystery in part because of its opaque ownership and its dealings with Iran-in 2009. The U.S. says it didn't.

 
Olympus Unit Settles Criminal Probe Over Device Linked to 'Superbug' Infections

Food and Drug Administration reminds hospitals of the risks of failing to clean duodenoscopes

 
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.

 
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.

 
Queen's 'Bohemian Rhapsody' Smashes Streaming Records

Queen's "Bohemian Rhapsody" is the most-streamed song from the pre-streaming era and the most-streamed classic rock song of all time, according to Vivendi SA's Universal Music Group.

 
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.

 
Oil-Dri Corporation of America Appoints New CFO

Ms. Kreh, who will oversee the finance, accounting and information technology functions at Oil-Dri, replaces Daniel Smith, who held the position for the last six years.

 
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.

 
Former PdVSA Official Pleads Guilty to Obstructing Justice

A former procurement officer at Venezuela's state-run energy company pleaded guilty to his role in a scheme to obstruct a continuing bribery probe, according to the U.S. Department of Justice.

(END) Dow Jones Newswires

December 10, 2018 21:00 ET (02:00 GMT)

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