News Highlights: Top Company News of the Day
February 22 2018 - 9:15PM
Dow Jones News
Hewlett Packard Enterprise Raises Shareholder Return Target to $7 Billion
Rising sales of storage and networking devices powered Hewlett
Packard Enterprise's core business during the holiday quarter,
helping the company raise its annual profit targets while boosting
planned returns to shareholders.
Takata Settles Joint Probe by U.S. States Into Faulty Air Bags
Takata Corp. agreed to pay a $650 million civil penalty to end
an investigation by the attorneys general of 44 U.S. states into
whether the parts supplier concealed problems with rupture-prone
air bags.
Dina Powell, ex-Trump Adviser, Weighs Return to Goldman
Dina Powell, who until recently served as a top
national-security adviser in the White House, is talking to Goldman
Sachs about returning to the firm.
Airbnb Adds Hotels and Luxury Listings to Bolster Growth
Airbnb Inc., looking to solidify sales ahead of an expected IPO,
is adding more hotels to its site, along with a loyalty program and
new tiers of listings that include luxury and more budget-friendly
offerings.
Tesla Begins Taking Model 3 Orders
Tesla for the first time is notifying some reservation holders
new to the electric-car brand that they can begin configuring and
ordering their Model 3 sedan.
SpaceX Lifts Two of Its Own Prototype Satellites Into Orbit
SpaceX launched into orbit a commercial payload with two
prototype communications satellites intended to pave the way for an
eventual constellation of thousands of similar internet-via-space
satellites.
A Reality Check for Wayfair
Investors have been feverishly pushing up Wayfair's stock
despite the company's growing losses, worsening free cash flow and
surging marketing spending. That run may finally be coming to an
end.
Ford Names New North America President in Leadership Shuffle
Ford Motor named a new leader for its key North American
operations among several executive changes, a day after a top
executive was fired after a company investigation into allegations
of misconduct.
The Big Loophole That Helped Russia Exploit Facebook: Doctored Photos
This use of doctored images was a crucial and deceptively simple
technique to spread fabricated information during the 2016
election. Tech companies, which are increasingly under fire,
struggle to screen for indications photos might have been distorted
or taken out of context.
Goldman Sachs Raises $2.5 Billion to Buy Stakes in Private-Equity Firms
Goldman Sachs raised $2.5 billion to buy minority stakes in
private-equity firms, betting on an industry that is commanding
increasing influence as more businesses choose to stay private
longer.
(END) Dow Jones Newswires
February 22, 2018 21:00 ET (02:00 GMT)
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