News Highlights: Top Company News of the Day
December 11 2018 - 9:30PM
Dow Jones News
Huawei's Meng Wanzhou Granted Bail by Canadian Judge
Huawei Technologies Co.'s finance chief must reside at Vancouver
homes and adhere to curfew while awaiting a decision on her
extradition to the U.S.
Venezuela Creditor Hires Bankers to Auction Off Citgo
One of Venezuela's creditors has rescinded a settlement
agreement with President Nicolás Maduro's government and hired
Moelis bankers to force a sale of Citgo, the country's prized U.S.
crude refiner.
Tencent Music Prices Its IPO at Bottom of Range
The Chinese music-streaming company's initial public offering
priced at $13 per American depositary share, capping a rocky
process of going public but still marking it one of the biggest
U.S.-listed debuts in recent years.
MiMedx Called on Two Lawmakers for Help Before Its Accounting Scandal
MiMedx Group, a maker of tissue-graft products, called on two
influential lawmakers for help. Now the actions of the lawmakers
could prove embarrassing for them as MiMedx faces possible
collapse.
McDonald's to Trim Antibiotics From Its Beef
The fast-food chain said it will take two years to decide how
much of the antibiotics important to human health it will be able
to remove from its beef supply.
Hain Celestial Settles SEC Charges
The organic- and natural-products maker has settled charges
brought by the U.S. Securities and Exchange Commission over its
revenue-recognition practices, which led to delayed financial
reports.
NSA Cyber Chief: Companies Are Losing Ground in the Battle to Protect Data
Rob Joyce, a specialist at the National Security Agency, said
companies' readiness for cybersecurity threats is "getting
worse."
Vote Paves Way for Dell to Trade Publicly Again
Dell Technologies is set to begin trading on the New York Stock
Exchange later this month after facing pressure from activist
shareholders and sweetening a buyout offer to investors in its
tracking stock.
Google CEO Faces Lawmakers Skeptical Over Privacy, Alleged Bias
Sundar Pichai faced tough questions in a first public appearance
before House lawmakers, who are increasingly skeptical of Silicon
Valley giants on issues of privacy and political bias.
Verizon Takes $4.5 Billion Charge Related to Digital Media Business
Verizon Communications is booking a $4.5 billion accounting
charge related to its Oath media business, a sign its bet on
high-profile internet properties and content several years ago
hasn't worked out as expected.
(END) Dow Jones Newswires
December 11, 2018 21:15 ET (02:15 GMT)
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