News Highlights: Top Company News of the Day
June 26 2017 - 9:16AM
Dow Jones News
Bankrupt Air-Bag Maker Takata Means to Keep Limping Along
Having filed for bankruptcy protection and agreed to sell most
of its business, Japan's Takata could go on for years supplying
parts for the tens of millions of its potentially deadly air bags
that still need to be replaced.
Nestlé Unmoved by Third Point Demands
Newly minted Nestlé Chief Executive Mark Schneider is facing the
first big challenge of his short career in packaged foods.
Google Could Be a Day Away From At Least $1 Billion EU Antitrust Fine
The European Union's antitrust watchdog will as soon as Tuesday
hit Google with a fine of more than $1 billion and demand changes
to the company's business practices, according to people familiar
with the matter.
Credit Suisse Denies Charging Excessive Fees in Mozambique Loan Scandal
The Swiss lender says audit by the risk management firm Kroll
Inc. is 'incorrect and misleading.'
In Unilever's Radical Hiring Experiment, Resumes Are Out, Algorithms Are In
To diversify its candidate pool, Unilever has ditched resumes
and traditional campus recruiting. Its new process relies on
algorithms to sort candidates and targets young potential hires
where they spend much of their time: their smartphones.
Martin Marietta to Buy Bluegrass Materials for $1.63 Billion
Martin Marietta Materials said it has agreed to buy Bluegrass
Materials for $1.63 billion in cash, in an effort to expand its
southeastern U.S. footprint and product range.
Henry Cai's AGIC Capital to Buy Pharma Firm in First U.S. Push
A Hong Kong-based private-equity fund co-founded by one of
China's best-known investment bankers is making its first
acquisition in the U.S., in a deal that shows China's continued
appetite for overseas deals despite recent hurdles.
SpaceX Executes Back-to-Back Launches in Roughly 48 Hours
Elon Musk's SpaceX on Sunday successfully executed the second of
two unmanned missions within a roughly 48-hour period in a
high-water mark for the company's operational prowess.
Facebook Is Going Hollywood, Seeking Scripted TV Programming
Facebook is talking to Hollywood studios and agencies about
producing TV-quality shows with an eye toward launching original
programming by late summer, people familiar with the matter
said.
China Court Sentences 16 Crown Resorts Employees to Prison
A senior executive of Australian casino operator Crown Resorts
drew a 10-month prison sentence in China after he and 18 other
current and former Crown employees pleaded guilty to gambling
crimes; 16 were sentenced to prison.
(END) Dow Jones Newswires
June 26, 2017 09:01 ET (13:01 GMT)
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