News Highlights: Top Company News of the Day
September 25 2017 - 5:30AM
Dow Jones News
Unilever to Buy Korean Skin-Care Firm for $2.7 Billion
Unilever has agreed to buy Carver Korea, a Seoul-based maker of
toners and moisturizers, for $2.7 billion, the latest in a string
of skin-care acquisitions as it pivots toward higher-growth
sectors.
GE Agrees to Sell Industrial Unit to ABB for $2.6 Billion
General Electric agreed to sell its industrial-solutions
business to Switzerland's ABB., a sign that GE's new chief is
moving ahead with efforts to streamline the industrial giant.
Uber Tries Compromise With London Regulators
Uber Technologies is examining concessions it could make to
London to get its operating license back, while also preparing a
legal appeal and rallying its users in the city to build
support.
Activist Funds Seek Ouster of Tuesday Morning CEO
Two investment funds are calling for new leadership at
discounted housewares retailer Tuesday Morning Corp., the latest in
a series of activist campaigns targeting chief executives.
White Castle Brings Its Sliders to China
The mini-burger chain is betting on China's curiosity for
Western food, rising beef consumption and a trend toward smaller
portions to succeed there.
Mashable Tests Notion that 'Pivot to Video' Leads to Digital-Media Riches
The company, known for its mix of technology and pop-culture
stories, is exploring selling itself to an investor and has had
extensive discussions with a German TV broadcaster, people familiar
with the matter said.
Facebook Abandons Plans to Change Share Structure, Avoiding Lawsuit
Facebook abandoned a plan to change its stock structure that
would have given Mark Zuckerberg more control, the latest in a
string of reversals by the social-media giant.
'Kingsman' Sequel Rules Box Office; New Lego Movie Fails to Click
Two of Hollywood's latest attempts at creating lucrative,
sequel-spawning franchises hit theaters this weekend to mixed
results.
China-Backed Firm Reaches Deal to Buy Apple Supplier
Canyon Bridge, whose planned acquisition of a U.S. semiconductor
company was scuttled earlier this month, has reached a deal to buy
chip designer Imagination Technologies for $742.2 million.
German Manufacturers Play Defense Against Chinese Hackers
A wave of attacks by Chinese hackers on Germany's cutting-edge
manufacturers is raising alarm in Berlin and prompting the
government to step in to defend the country's competitive edge.
(END) Dow Jones Newswires
September 25, 2017 05:15 ET (09:15 GMT)
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