Goldman Sachs Ignored 1MDB Warning Signs 
 

Goldman Sachs Group Inc.'s push for Asian business and lax oversight of partners led the bank to speed past warning signs in its dealings with a corrupt Malaysian investment fund, internal documents and interviews with people involved in the transactions show.

 
J&J Slammed by Concern Over Baby Powder Safety 
 

Johnson & Johnson faced continued concerns on Wall Street about the threat posed by lawsuits over the safety of the company's signature baby powder.

 
Former CBS Chief Moonves Won't Get $120 Million Severance Payment 
 

Leslie Moonves won't receive any of his severance package after the company reviewed the findings of a probe into allegations he sexually harassed and assaulted many women during his career.

 
T-Mobile Takeover of Sprint Clears U.S. Security Panel 
 

T-Mobile won approval from U.S. national-security officials for its planned takeover of Sprint, bringing the two rivals a step closer to closing their roughly $26 billion combination.

 
Oracle Revenue Flat as Push to Bolster Cloud Business Continues 
 

Oracle reported flat revenue for its latest quarter, a result better than what Wall Street had been expecting, as the software giant made progress in a piece of its struggling cloud business.

 
Elon Musk's New Boring Co. Faced Questions Over SpaceX Financial Ties 
 

Elon Musk's tunnel-digging venture, the Boring Co., is the latest to be drawn into the billionaire entrepreneur's tradition of spreading overlapping resources across his growing technology empire. On Tuesday, the Tesla chief is set to unveil a test tunnel developed by the Boring Co., the first of what Mr. Musk imagines as a futuristic series of high-speed underground highways to alleviate traffic.

 
Netflix Hires Former ABC Entertainment Boss, Stepping Up Rivalry 
 

Netflix has tapped former ABC Entertainment President Channing Dungey as a vice president of original content, the latest evidence of the growing rivalry between the streaming-video giant and ABC parent Walt Disney.

 
Amazon Cutting the CRaP 
 

With growth slowing and a renewed focus on its bottom line, Amazon.com wants to stop selling products on which it can't make money.

 
Shell CIO to Begin Testing AI-Enabled Drones at Houston Plant 
 

Beginning early next year, the energy giant will deploy several drones in a proof-of-concept project at the Shell Technology Center in Houston, which encompasses 1.2 million square feet and 44 buildings of laboratory and office space.

 
UBS Fined $15 Million Over Anti-Money-Laundering Systems 
 

UBS Group agreed to pay a combined $15 million fine over regulatory deficiencies in its anti-money-laundering program, U.S. regulators said Monday.

(END) Dow Jones Newswires

December 18, 2018 05:15 ET (10:15 GMT)

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