News Highlights: Top Company News of the Day
March 19 2018 - 3:30PM
Dow Jones News
Uber Suspends Driverless-Car Program After Pedestrian Is Killed
A self-driving car from Uber Technologies struck a woman who
died in Tempe, Ariz., in what is believed to be the first known
fatality of a pedestrian from a driverless vehicle.
Boeing Ends Objection to United Technologies, Rockwell Merger
Boeing Co. dropped its opposition to plans for its largest
suppliers to merge, reflecting pressure on the aerospace industry
to deliver its record backlog of jetliners.
Facebook, Other Tech Firms Scrutinized Over User Data
U.S. lawmakers are pushing for an aggressive inquiry into
allegations that a firm tied to President Trump's presidential
campaign gathered data from millions of Facebook profiles without
authorization.
Whistleblowers Helped SEC Reach $415 Million Settlement With BofA
The SEC announced its biggest-ever whistleblower awards, with
roughly $83 million combined going to three whistleblowers who
helped the regulator reach a $415 million settlement with Bank of
America.
Newell Strikes Deal With Icahn to Fend Off Other Activists
Newell Brands agreed to nominate four independent board
directors chosen by Carl Icahn and consider selling more of its
businesses as part of a truce with the activist investor, the
consumer-goods company said.
At Nike, Female Staffers Circulated Survey About Workplace Behavior
The women were concerned about allegations circulating
internally of inappropriate workplace behavior by some men and drew
up the survey to gather information about these issues.
SoftBank Could List Arm Holdings Again
SoftBank Group, which acquired ARM Holdings in 2016 and took it
private, could relist the U.K. chip designer within 12 years, a
senior executive said.
Activist Investor Takes Major Stake in Barclays
Barclays came under further pressure to step up its turnaround
plans after activist investor Sherborne Investors said it has taken
a 5.2% stake in the bank.
VW Plans $340 Million Expansion at Tennessee Plant
Volkswagen will spend $340 million to manufacture a new
sport-utility vehicle at a Tennessee assembly plant, according to a
person familiar with the plan.
Steve Wynn's Attorney Reported Alleged Sexual Misconduct Victim to FBI
A lawyer for Steve Wynn said he recently reported a woman to the
FBI after she threatened to go public about the casino mogul's
alleged sexual misconduct against her, which had prompted a 2006
settlement, court records indicate.
(END) Dow Jones Newswires
March 19, 2018 15:15 ET (19:15 GMT)
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