News Highlights: Top Company News of the Day

Date : 09/13/2017 @ 1:30PM
Source : Dow Jones News

News Highlights: Top Company News of the Day

CEO of Brazil's JBS Is Arrested in New Twist of Scandal at Meatpacker 
 

Brazilian authorities arrested the head of JBS, the world's largest meatpacker, for allegedly using insider trading to profit from a plea deal signed earlier this year amid a corruption probe.

 
Bain Signs Letter of Intent to Buy Toshiba's Chip Business 
 

Bain Capital signed a memorandum of understanding with Toshiba saying it intends to reach a deal to buy the Japanese conglomerate's memory-chip business by the end of September, Toshiba said.

 
Target to Hire 100,000 Holiday Workers 
 

Target said it would increase by 40% the number of temporary workers it hires for the key holiday selling season, kicking off the annual scramble among retailers and delivery firms to staff stores and distribution centers.

 
Can Apple Unlock Promise of Facial Recognition? 
 

Face ID will be the primary tool to unlock the nearly $1,000 iPhone X, which is scheduled to start shipping Nov. 3. If Apple can get it right, the company could popularize a technology that has had a mixed record on other gadgets.

 
Goldman Faces Fight in Finding New Trading Clients 
 

Goldman Sachs' plan to turn around its trading operations depends on its ability to take market share from other banks.

 
Uber's Legal Chief Salle Yoo Is Resigning 
 

The top lawyer at Uber is departing the ride-hailing company as it faces three federal investigations into its operations and welcomes a new CEO.

 
Electric Cars Won't Offset Diesel Sales Drop in Europe 
 

European auto makers say their focus is on building more gasoline-powered cars and making diesel engines cleaner until the market favors electric cars.

 
Europe Steps Up Bid to Boost Taxes on Internet Giants 
 

The EU pledged to propose new rules to tax internet giants such Google and Facebook, embracing France's push for extra measures to squeeze more money out of multinationals operating in Europe.

 
China Challenge for the iPhone X: Ending Apple's Long Sales Slide 
 

Apple needs the new iPhone X to be a hit in China, where its market share has slipped by more than half in recent years. But it is up against domestic rivals offering advanced technology, local adaptations and far lower prices.

 
Facebook Pitches Brand Safety Ahead of Video Ad Push 
 

As Facebook ramps up its new 'in-stream' video advertising, the social media company is attempting to avoid the brand safety headaches that have plagued rivals such as YouTube in recent months.

 
 

(END) Dow Jones Newswires

September 13, 2017 13:15 ET (17:15 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.


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