News Highlights: Top Company News of the Day
June 25 2019 - 5:15AM
Dow Jones News
Nissan Overhauls Board Following Raucous Shareholder Meeting
Nissan Motor shareholders voted to overhaul the company's board
structure, a key goal of Chief Executive Hiroto Saikawa.
FedEx Sues Commerce Department Over Restrictions on Huawei
FedEx filed a lawsuit to stop the U.S. government from requiring
the package giant to enforce a crackdown on the Chinese
telecommunications-gear maker.
Global Telecom Carriers Attacked by Suspected Chinese Hackers
Hackers believed to be backed by China's government have
infiltrated the cellular networks of at least 10 global carriers,
swiping users' whereabouts, text-messaging records and call
logs.
Capgemini to Buy Altran in EUR3.6 Billion Deal
French consulting and technology company Capgemini said it will
buy rival Altran in a deal valued at around EUR3.6 billion.
BMW Accelerates Electric-Car Rollout
BMW is speeding up plans to roll out some electric and
semi-electric vehicles, as competition heats up in this rapidly
growing market.
Blackstone-Inspired Defaults Under U.S., U.K. Spotlight
U.S. and U.K. regulators said they would jointly work to address
financial engineering in the derivatives market that may push
healthy companies to default on debt, echoing worries about
potential gamesmanship involving credit-default swaps.
Facebook Fires Back at Apple's Cook
A senior Facebook executive, Nick Clegg, took a veiled shot at
Apple, continuing the sniping between the tech giants as their
business models are under increasing scrutiny from global
regulators.
Toronto Officials Question Alphabet Unit's Ambitions for 'Smart City'
A unit of Alphabet said its proposed "smart city" in a Toronto
neighborhood would create thousands of jobs and cut greenhouse-gas
emissions, but met some resistance from the project's government
sponsor over the scope.
Ann Sarnoff Is Named Chief Executive of Warner Bros.
WarnerMedia has tapped BBC Studios-Americas President Ann
Sarnoff to become chief executive of Warner Bros. She will be the
first woman to lead the iconic movie and television studio.
Icahn's Caesars Bet Was Smart, Not Just Lucky
Carl Icahn's bet on Caesars Entertainment already looks to be
paying off.
(END) Dow Jones Newswires
June 25, 2019 05:00 ET (09:00 GMT)
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