News Highlights: Top Company News of the Day
January 21 2019 - 7:30PM
Dow Jones News
United Airlines to Review 'Worst Travel Nightmare'
United Continental Holdings Inc. is reviewing an incident that
left 250 passengers stuck on an airplane on a small Canadian
airfield for about 12 hours last weekend.
Carlos Ghosn Offers to Pay for Ankle Monitor, Security to Get Bail in Japan
The former Nissan Motor chairman scaled back his request for
bail as his detention stretches into its ninth week.
Facebook, Germany to Collaborate Against Election Interference
Facebook operating chief Sheryl Sandberg said the company will
work with the German ministry for information security to guide
policy throughout Europe on election interference.
DSV's Big Takeover Bid May Revive Logistics Consolidation
DSV's $4 billion bid for rival freight forwarder Panalpina
suggests stockpiles of cash and pent-up demand from operators and
private equity could come into the market and trigger a new wave of
consolidation among large logistics companies.
Two Snap Executives Pushed Out After Probe Into Inappropriate Relationship
Snap in recent weeks pushed out two senior executives after an
investigation found that one of them had allegedly engaged in an
inappropriate relationship with an outside contractor.
Morgan Stanley CEO Earned $29 Million in 2018
Chief Executive James Gorman received a compensation package
valued at about $29 million in 2018, a 7% raise from the $27
million he earned a year ago.
Airbnb Has Held Talks to Buy Hotel Tonight
Airbnb has held talks to acquire hotel-booking site Hotel
Tonight, as the home-sharing company seeks to bolster its offerings
and make itself more attractive to investors ahead of an eventual
IPO.
German Forklift Maker Kion Plans U.S. Expansion to Avoid China Tariffs
Germany's Kion Group plans to expand its factory in Summerville,
S.C., in a move to escape a 25% tariff the U.S. levied on forklifts
imported from China.
Schlumberger Says Shale Boom is Slowing
U.S. shale production is poised to slow this year as drillers
reduce their budgets in response to lower oil prices, the head of
the oil-field services company said.
State Street Is Cutting 1,500 Jobs
Aiming to trim some $350 million in expenses this year, State
Street said it would shed about 1,500 employees in a plan designed
to help weather tough market conditions.
(END) Dow Jones Newswires
January 21, 2019 19:15 ET (00:15 GMT)
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