Justice Department Reaches Deal With Huawei Executive

The agreement will require Meng Wanzhou to admit to some wrongdoing in exchange for prosecutors deferring and later dropping wire and bank fraud charges.

 
EQT Faces Probe Over Disclosure of Share Sale

The private-equity giant is under investigation by Sweden's regulator for potential market abuse over the timing of its disclosure that it allowed its partners to sell about $2.7 billion worth of company stock a year ahead of schedule.

 
Evergrande Auditor Gave Clean Bill of Health Despite Debt

Last year the property developer offered deep discounts to keep sales growing and the Chinese government effectively said it had borrowed too much, yet its auditor gave it a clean bill of health.

 
Ad Giant WPP to Pay $19 Million to Resolve SEC Investigation

International advertising giant WPP is set to pay $19 million to settle a Securities and Exchange Commission probe into whether its rapid overseas expansion involved violations of the Foreign Corrupt Practices Act.

 
HNA Group Chairman Chen Feng, CEO Adam Tan Detained by Police

The embattled Chinese conglomerate said the pair are suspected of committing crimes and have been detained, but its operations haven't been affected.

 
Starbucks Faces Rare Union Challenge in Upstate New York

The coffee company is pushing back against an employee unionization drive as workers at some Buffalo stores attempt to become the first Starbucks-owned cafes in the U.S. to organize.

 
China's Online Game Companies Fall in Line With Restrictions on Entertainment

Tencent, NetEase and others have vowed to self-regulate and combat user addiction amid a government effort to restrict negative influences from entertainment on China's youth.

 
Apple Faces Off With Europe Regulators Over Phone Chargers

The EU proposed a bloc-wide common charging standard for smartphones and other electronic devices, a move that, if adopted, would effectively bar the use of Apple's unique "Lightning" charging port.

 
CNN's Chris Cuomo Accused of Sexually Harassing a Former ABC News Producer

Shelley Ross said Mr. Cuomo, the brother of the former New York governor, touched her inappropriately at a party in 2005. He said that he apologized for the incident and that it wasn't sexual in nature.

 
Apollo Unit Backs Hong Kong Insurer FWD's $3 Billion U.S. IPO

Hong Kong tycoon Richard Li's FWD Group landed a $400 million investment as part of the Asian insurer's plans for a multibillion-dollar U.S. listing.

(END) Dow Jones Newswires

September 24, 2021 13:15 ET (17:15 GMT)

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