News Highlights: Top Company News of the Day
December 17 2018 - 5:15AM
Dow Jones News
Malaysia Files Criminal Charges Against Goldman
Malaysian authorities filed criminal charges against Goldman
Sachs units and a former partner of the bank in connection with the
1MDB financial scandal.
Boeing Flies Close to Trade Tussle With New Facility in China
Boeing opened a new Chinese production facility, as the American
aviation company tries to cater to its top export market while
steering clear of the tensions battering U.S.-China relations.
Amazon Targets Unprofitable Items, With a Sharper Focus on the Bottom Line
Amazon.com has trained people to buy everything online. Now it
is having second thoughts about some of those sales because they
don't make money-and is pushing big brands to change how they use
its site.
Bruce Springsteen, Taylor Swift Tours Head for Netflix Encore
The concert films from Bruce Springsteen's Broadway residency
and Taylor Swift's stadium tour across the U.S.-two of the hottest
tickets of 2018-are headed for Netflix.
HQ Trivia Co-Founder Dies of Apparent Drug Overdose
Colin Kroll's popular web app, launched in August 2017, rewarded
users for correctly answering trivia questions. Before HQ Trivia,
Mr. Kroll founded video app Vine.
Renault Urges Nissan to Call for Shareholder Meeting
French auto maker Renault has urged Nissan Motor to call a
meeting of its shareholders after the Japanese company and its
former chairman, Carlos Ghosn, were indicted on allegations of
financial misconduct.
The Fall of the House of Ghosn
Not everybody at Nissan was happy with their rock-star chairman,
Carlos Ghosn. His high-living ways gave the company ammunition to
take him down.
Justice Department Chides McKinsey in Another Bankruptcy Case
A Justice Department official asked a federal judge to withhold
payments to McKinsey for its work advising a bankrupt Colorado coal
miner, adding to criticism of how the firm discloses potential
conflicts of interest.
Animated Spider-Man Breathes Life Into Holiday-Season Box Office
Sony Pictures Entertainment had its second Spider-Man hit of the
year over the weekend, as Hollywood gears up for some of its most
important weeks of business.
Glencore-Related Miner to Be Fined by Canada Over Congo Ops
A Glencore-controlled mining company and some of its current and
former directors and executives have agreed to pay more than $22
million to settle Canadian allegations that they hid the risks of
doing business with an Israeli businessman closely linked to
Congolese President Joseph Kabila.
(END) Dow Jones Newswires
December 17, 2018 05:00 ET (10:00 GMT)
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