News Highlights: Top Company News of the Day
December 11 2018 - 1:30AM
Dow Jones News
Huawei Finance Chief Won't Be a Flight Risk, Her Lawyer Says
A bail hearing for Huawei Technologies Co. finance chief Meng
Wanzhou in Vancouver ended Monday without a decision as the
executive's lawyer argued she won't be a flight risk while awaiting
a separate decision on her extradition to the U.S.
CBS Directors Fear Legal Risks from Leaks in Moonves Probe
Some CBS directors are concerned that recent leaks from the
investigation into alleged sexual misconduct by former CEO Leslie
Moonves could result in legal exposure for the company or people
found to have failed to prevent the disclosures.
Stitch Fix Stumbles Again
Subscription fashion service Stitch Fix had its first big
stumble when it reported fourth-quarter earnings in October, and
starting its new fiscal year was rough as well.
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
The 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.
(END) Dow Jones Newswires
December 11, 2018 01:15 ET (06:15 GMT)
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