News Highlights: Top Company News of the Day
January 22 2017 - 11:15PM
Dow Jones News
Samsung Blames Galaxy Note 7 Overheating on Problems at Suppliers
The South Korean smartphone giant says manufacturing and battery
design problems at two suppliers led to the recall of 2.5 million
devices.
United Airlines Says Flight Problem Resolved
United Continental Holdings Inc. had a computer issue Sunday
evening that caused it to ask the Federal Aviation Administration
to put into effect a "ground stop" for its arriving and departing
flights.
Yahoo Faces SEC Probe Over Data Breaches
U.S. authorities are investigating whether Yahoo's two massive
data breaches should have been reported sooner to investors,
according to people familiar with the matter.
Singapore Exchange to Launch LNG Index
The Singapore Exchange is set to start up an index that will
track the price of liquefied natural gas in the Middle East and
Indian markets, the latest move by exchanges looking to establish a
benchmark for this rapidly growing source of energy.
The Case for a Less Chipper Intel
The chip maker's stock has languished as data-center growth
slows. A more realistic goal should help.
Alibaba Needs Great Results, Not Just Good Ones
Chinese e-commerce giant Alibaba has a high bar to clear when it
releases its quarterly report on Tuesday.
Abu Dhabi Creates $125 Billion Investment Firm
The emirate has completed the merger of two of its
sovereign-wealth funds, as it looks to combine state assets to cut
costs in response to falling oil revenues.
J.P. Morgan Joins Push for Nontransparent, Active ETFs
J.P. Morgan Chase is joining a long line of asset managers
backing a new type of exchange-traded fund that mimics active
strategies but keeps its investments.
A+E Networks Chief Tests Limits in Bid to Revive Channels' Fortunes
A+E Networks, run by CEO Nancy Dubuc, is a prime example of a
mid-tier cable company under pressure to revamp its brands to
survive an age of slimmer television channel bundles and on-demand
streaming services.
Snapchat Parent Plans to Pay Banks 2.5% of IPO Proceeds
The banks managing Snap's initial public offering are set to
share 2.5% of the money raised in the deal, a relatively low rate
that indicates the popular technology company's leverage in
dictating the terms of its public debut.
(END) Dow Jones Newswires
January 22, 2017 23:00 ET (04:00 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.