News Highlights: Top Company News of the Day
January 23 2017 - 5:30AM
Dow Jones News
Foxconn Considers $7 Billion Investment to Build U.S. Factory
Foxconn founder Terry Gou says the Taiwan company is looking for
incentives to build a flat-panel screen factory in the U.S.
Takata Shares Fall for Third Day as Bankruptcy Looms
Investors rush to sell Takata shares ahead of a possible
bankruptcy filing in the face of a potential multibillion-dollar
bill over faulty air bags.
Hugo Barra Leaves Xiaomi
The vice president of Xiaomi said he will leave the firm in
February and return to Silicon Valley after helping to build the
Chinese startup into an international company.
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.
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.
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.
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.
(END) Dow Jones Newswires
January 23, 2017 05:15 ET (10:15 GMT)
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