News Highlights: Top Company News of the Day
September 16 2019 - 11:15PM
Dow Jones News
WeWork Parent Expected to Postpone IPO Until October at Earliest Amid Investor Pushback
WeWork's parent is expected to postpone its initial public
offering after investors questioned how much the company is worth
and its corporate governance.
SeaWorld Entertainment CEO Resigns After Seven Months
SeaWorld Entertainment Inc. said Chief Executive Gustavo
Antorcha is leaving the company, seven months after taking the
helm.
GM Workers Head to Picket Lines to Press Demands
General Motors factory workers went on strike in the United Auto
Workers' first nationwide walkout in 12 years, protesting to secure
better pay, more job security and other benefits ahead of an
expected slowdown in the U.S. car market.
International Panel Set to Criticize FAA's Approval Process for Boeing 737 MAX Jets
A panel of international air-safety regulators is finishing a
report expected to criticize the initial U.S. approval of Boeing
737 MAX jets.
Prudential Pays $32.6 Million to Settle Probe of Mutual-Fund Business
The company agreed to settle claims that it didn't disclose how
a reorganization of its mutual-fund business would cost the funds
millions in lost interest income.
Netflix Reaches Streaming Deal for 'Seinfeld'
Netflix has struck a five-year deal to become the exclusive
world-wide streaming home of "Seinfeld," the hit NBC comedy from
the 1990s.
Amazon Changed Search Algorithm in Ways That Boost Its Own Products
The e-commerce giant overcame internal dissent from engineers
and lawyers, people familiar with the move say.
Saudi Officials Consider Delaying Aramco IPO After Attacks
Saudi Arabian officials are discussing delaying Aramco's initial
public offering, after attacks on the company's largest oil
facilities sidelined more than half of the kingdom's output, people
familiar with the matter said.
Ray-Ban Investors Should Look Beyond the Optics
EssilorLuxottica's top shareholder and activist investor Third
Point are both building stakes in the eyewear giant, setting up a
fresh governance battle.
Energy Transfer to Buy SemGroup
Energy Transfer LP said it will buy SemGroup in a unit and cash
transaction valued at $17 a share, or a total consideration
including the assumption of debt of $5 billion. SemGroup's shares
soared on the news.
(END) Dow Jones Newswires
September 16, 2019 23:00 ET (03:00 GMT)
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