Disney Chief Executive Robert Iger Resigns from Apple's Board

Walt Disney Chief Executive Robert Iger resigned from Apple's board, severing a yearslong connection between the two companies as they prepare to launch competing video-streaming services.

 
Kamala Harris Assails DOJ's Probe of Car Makers

California Sen. Kamala Harris asked the Justice Department's inspector general to investigate why the department opened an antitrust probe of four car companies who struck a deal with California on vehicle-emissions standards.

 
MoviePass to Halt as Parent Explores Possible Sale

MoviePass parent Helios & Matheson plans to "explore all strategic and financial alternatives," including a sale or reorganization, and said MoviePass would stop service, effective Saturday.

 
E-Cigarette Maker NJOY Changes Funding Plan After Vaping Ban

E-cigarette maker NJOY Holdings has changed plans for its funding round after the Trump administration announced a plan to pull most vaping products from the market, said people familiar with the matter.

 
Cloudflare Jumps 20% in Market Debut

Shares of Cloudflare surged 20% in its first day of trading, following a streak of technology upstarts' IPOs to meet investors' growing appetite for enterprise information-technology companies.

 
Traffic Ahead for Auto Lenders

Auto lenders have enjoyed driving on an open road for a while. It is about to get more congested.

 
SoftBank to Buy at Least $750 Million of WeWork Parent Shares in IPO

SoftBank plans to buy at least $750 million of the shares in WeWork's impending IPO, a move that could allow the office-sharing company to shore up an offering that has been plagued by tepid investor demand.

 
Comerica, Bracing for Lower Interest Rates, Names Interim CFO

Comerica disclosed that its finance chief is leaving and treasurer James Herzog has been named interim CFO, a move that comes as the regional lender braces for lower interest rates that could cut into its bottom line.

 
PG&E Strikes $11 Billion Settlement With Insurers Over Wildfires

PG&E agreed on an $11 billion settlement to resolve all claims by insurance carriers from the 2017 Northern California wildfires and the 2018 Camp Fire.

 
London Stock Exchange Rejects Bid From Hong Kong Rival

The U.K. exchange operator rejected a $36.6 billion bid from Hong Kong Exchanges and Clearing, saying it had "fundamental concerns" about the price and Hong Kong's long-term future as a financial gateway.

(END) Dow Jones Newswires

September 13, 2019 19:15 ET (23:15 GMT)

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