News Highlights: Top Company News of the Day

Date : 06/19/2019 @ 6:30PM
Source : Dow Jones News

News Highlights: Top Company News of the Day

Deutsche Bank Has Proposed Replacing Americas CEO With Investment-Bank Finance Chief 

Deutsche Bank executives have sought to promote the finance chief of the investment bank to replace the current Americas CEO, an important role responsible oversight of the bank's sprawling North American operations.

Nissan, Renault Resolve Corporate Governance Dispute 

Nissan and Renault have resolved a standoff over corporate governance at the Japanese car maker, in a compromise that could help ease one point of contention between the two alliance partners.

Facebook COO: 'We Understand' Concerns About Big Tech Companies 

Facebook Chief Operating Officer Sheryl Sandberg said that the social-media company failed to anticipate foreign interference aimed at disrupting the 2016 U.S. presidential election.

YouTube, Under Fire, Considers Major Changes to Kids' Content 

YouTube executives are debating moving all children's content into the standalone YouTube Kids app, to better protect young viewers from objectionable videos.

Barnes & Noble Narrows Loss, but Sales Decline 

Barnes & Noble, which recently agreed to be bought by a private-equity firm, reported a drop in sales in its latest quarter but narrowed its net loss.

Online Retail Provider Shopify Adds Fulfillment Service 

The e-commerce technology company is extending into physical distribution, offering customers access to a network of dedicated U.S. fulfillment centers to store and ship consumer goods for online orders.

Slack's Ascent Could Face Some Bumps 

Slack will be the next U.S. unicorn to go public, opting for a direct listing on the New York Stock Exchange on Thursday. But while the market has given other cloud-based unicorns this year a raucous welcome, neither Slack's financials nor its first-mover advantage guarantee a similarly warm reception.

Arch Coal, Peabody Energy to Form Coal Joint Venture 

Two of the biggest producers of coal used to fire power plants are integrating their operations in Wyoming and Colorado, aiming to keep the commodity competitive with natural gas and renewable-energy sources.

Harley-Davidson Finds Partner to Make Small Motorcycles in China 

Manufacturer extends strategy of building and selling more motorcycles overseas as U.S. customers age.

Ditech Finds Two Buyers For Its Mortgage Servicing and Originations Business 

The mortgage-servicing company, which filed for bankruptcy in February, said Tuesday it reached two separate deals with buyers for its forward and reverse mortgage servicing and originations businesses.


(END) Dow Jones Newswires

June 19, 2019 13:15 ET (17:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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