News Highlights: Top Company News of the Day
December 11 2018 - 7:30PM
Dow Jones News
Huawei's Meng Wanzhou Granted Bail by Canadian Judge
Huawei Technologies Co.'s finance chief must reside at Vancouver
homes and adhere to curfew while awaiting a decision on her
extradition to the U.S.
Tencent Music Prices Its IPO at Bottom of Range
Tencent Music is set to go public in one of the biggest
U.S.-listed IPOs in recent years, capping a rocky offering process
for the Chinese music-streaming company.
MiMedx Called on Two Lawmakers for Help Before Its Accounting Scandal
MiMedx Group, a maker of tissue-graft products, called on two
influential lawmakers for help. Now the actions of the lawmakers
could prove embarrassing for them as MiMedx faces possible
collapse.
McDonald's to Trim Antibiotics From Its Beef
The fast-food chain said it will take two years to decide how
much of the antibiotics important to human health it will be able
to remove from its beef supply.
Google CEO Faces Lawmakers Skeptical Over Privacy, Alleged Bias
Sundar Pichai faced tough questions in a first public appearance
before House lawmakers, who are increasingly skeptical of Silicon
Valley giants on issues of privacy and political bias.
Vote Paves Way for Dell to Trade Publicly Again
Dell Technologies is set to begin trading on the New York Stock
Exchange later this month after facing pressure from activist
shareholders and sweetening a buyout offer to investors in its
tracking stock.
Verizon Takes $4.5 Billion Charge Related to Digital Media Business
Verizon Communications is booking a $4.5 billion accounting
charge related to its Oath media business, a sign its bet on
high-profile internet properties and content several years ago
hasn't worked out as expected.
Hain Celestial Settles SEC Charges
The organic- and natural-products maker has settled charges
brought by the U.S. Securities and Exchange Commission over its
revenue-recognition practices, which led to delayed financial
reports.
NSA Cyber Chief: Companies Are Losing Ground in the Battle to Protect Data
Rob Joyce, a specialist at the National Security Agency, said
companies' readiness for cybersecurity threats is "getting
worse."
Nissan-Renault Scandal Shows It's Hard to Keep Car Alliances on Track
Tensions between Nissan and Renault after the arrest of longtime
alliance leader Carlos Ghosn show it has never been easy for the
global auto industry to make mergers and partnerships work.
(END) Dow Jones Newswires
December 11, 2018 19:15 ET (00:15 GMT)
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