News Highlights: Top Company News of the Day
April 04 2018 - 3:15PM
Dow Jones News
Facebook Amps Up Privacy Disclosures Amid Criticism
As Facebook works to repair trust with regulators and the
public, the social network is releasing greater detail about how it
collects and deploys vast troves of information about users.
WPP Settles Lawsuit Alleging Misconduct by Former Ad-Agency Head
WPP has settled a lawsuit brought by an employee that alleged
racist and sexist behavior by a top executive, as its board
investigates an allegation of personal misconduct by CEO Martin
Sorrell.
China Tariffs Would Affect Few Boeing Jets
Proposed tariffs on imports of Boeing Co. jets to China would
catch a sliver of the aerospace giant's products but investors on
Wednesday continued to dump the stock amid concerns about a broader
global trade war.
YouTube Shooter's Social Media Scrutinized for Motive
Nasim Najafi Aghdam, who is accused of shooting three people
inside YouTube's headquarters before killing herself on Tuesday,
was angry at the company for allegedly censoring her video content
and making it more difficult for her to make money.
Starboard Pursuing Proxy Fight at Newell Despite Deal With Icahn
Activist hedge fund Starboard Value isn't dropping its proxy
fight at Newell Brands after the maker of Elmer's Glue and Graco
baby strollers struck a deal with another activist, Carl Icahn.
Auto Makers Weigh In on China's Tariff Retaliation Threat
Global auto executives spent substantial time in 2017 urging the
Trump administration to seek reciprocity on trade policies
affecting the world's biggest automobile market. Industry leaders
could get the exact opposite.
GM to Kill Chevrolet Sonic Subcompact Car
General Motors will end production of the Chevrolet Sonic
subcompact car as early as this year, part of a broader push by
Detroit auto executives to abandon low-margin cars in favor of
sport-utility vehicles.
AMC Set to Open First Movie Theater in Saudi Arabia
AMC Entertainment Holdings Inc. will open its first movie
theater in Saudi Arabia in two weeks, bringing the first new cinema
to a country that lifted a 35-year ban on them only five months
ago.
The Woman Who Is Reining In America's Technology Giants
European Union antitrust chief Margrethe Vestager has become the
de facto global regulator for Silicon Valley. Her approach to
Google and Apple is having a ripple effect around the globe,
influencing regulatory action not only in Europe, but in the U.S.,
Brazil and Russia.
Elliott Reveals $1 Billion Stake in Hyundai, Seeks Clearer Road Map
The hedge fund said it has accumulated shares in three listed
affiliates of Hyundai Motor Group, signaling renewed interest in
South Korea's corporate-governance reforms.
(END) Dow Jones Newswires
April 04, 2018 15:00 ET (19:00 GMT)
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