News Highlights: Top Company News of the Day
September 25 2018 - 5:30PM
Dow Jones News
Facebook's Messing With Instagram Prompted Co-Founders' Departure
Instagram's co-founders increasingly clashed with Facebook CEO
Mark Zuckerberg over a range of issues, including recent changes to
the photo-sharing app that appeared designed to promote Facebook's
growth at Instagram's expense.
Dunkin' to Drop 'Donuts' From Brand's Name
Dunkin' Brands is dropping the word "Donuts" from its flagship
brand, becoming the latest company to signal a fresh approach with
a new name.
Qualcomm Accuses Apple of Funneling Secrets to Rival Intel
Qualcomm accused Apple of funneling proprietary information to
rival chip maker Intel, broadening a long-running legal battle.
Snap Communications Head to Leave, Continuing String of Departures
Mary Ritti, one of Snap's earliest hires, announced she is
leaving from top communications job, after announced exits of
company's strategy head and CFO
Owners of Last U.S. Nuclear Plant Face Few Good Options as Deadline Nears
The owners of the last remaining nuclear-power plant under
construction in the U.S. continued Tuesday to negotiate a deal to
finish the half-built project. But in some ways, the choice of
whether to keep going amounts to a no-win proposition.
Uber Wins Court Appeal Over Drivers' Working Classification
Uber Technologies scored a legal victory over drivers after a
federal appeals court dismantled the class-action status of a
lawsuit that had sought to reclassify independent contractors as
employees.
Aurora Cannabis Gets High on Its Own Stash
The reason for the marijuana company's stock surge Tuesday is
less than solid.
Banco Santander Names UBS Investment Bank Head as Next CEO
Banco Santander SA named UBS Group AG's Andrea Orcel as its new
CEO, propelling one of Europe's highest-profile investment bankers
to the helm of a global banking giant.
Arby's Parent to Buy Sonic for $2.3 Billion
Inspire Brands is buying Sonic for $2.3 billion, including debt,
as the company created by the merger of Arby's and Buffalo Wild
Wings seeks to build a portfolio of restaurant chains spanning the
spectrum of fast food to casual dining.
Verizon Launches Early-Retirement Program
Verizon has offered early-retirement packages to thousands of
staffers, as part of a broader cost-cutting effort.
(END) Dow Jones Newswires
September 25, 2018 17:15 ET (21:15 GMT)
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