News Highlights: Top Company News of the Day
January 11 2019 - 5:30AM
Dow Jones News
Apple Plans New LCD iPhone This Year Despite XR's Stumble
Apple is planning to release three new iPhone models again this
fall, including one with a triple rear camera.
Carlos Ghosn Faces New Charges From Tokyo Prosecutors
Carlos Ghosn was hit with new charges by prosecutors who accused
him of misreporting his compensation through 2018 and abusing his
position at Nissan Motor for personal gain.
Amazon's IMDb Launches Free Streaming-Video Service
Amazon.com launched its first advertising-supported
streaming-video channel, the e-commerce giant's latest effort to
grab a larger share of the ad market.
Activision Blizzard Splits With 'Destiny' Studio
The videogame publisher is cutting ties with Bungie, the studio
behind one of its biggest hits, a surprise move that dented its
stock and added to questions about the company's 2019 release
slate.
Ghosn's Lawyer Said He Developed a Fever in Jail, Is Feeling Better
Carlos Ghosn developed a fever while in a Tokyo jail but was
feeling better Friday morning, his lawyer said, after the former
Nissan chief's wife pressed Japanese authorities for information on
his health.
Mnuchin Defends Plan to Remove Russian Aluminum Giant From Sanctions Blacklist
U.S. Treasury Secretary Steven Mnuchin, under fire from
Democratic lawmakers, defended the proposed removal of Russian
aluminum behemoth United Co. Rusal from the administration's
blacklist as evidence of a successful sanctions strategy.
Nine West Receives Court Approval for $22 Million Loan
The judge presiding over Nine West Holdings Inc.'s bankruptcy
authorized the company to borrow another $22 million after it
reached an agreement with junior creditors who are challenging its
chapter 11 exit proposal.
Ford Shutting Down Mobility Startup Chariot
Ford Motor Co. is shutting down private-shuttle service Chariot,
ending one of its efforts to diversify itself as a "mobility"
company.
Postmedia Names Andrew MacLeod CEO
Postmedia Network Canada's Chief Operating Officer Andrew
MacLeod will become chief executive, replacing Paul Godfrey, who
remains executive chairman.
Fiat Warns of $800 Million in Costs Related to Emissions Settlement
Fiat Chrysler will spend up to $800 million to settle
allegations that it used "defeat devices" to pass emissions
tests.
(END) Dow Jones Newswires
January 11, 2019 05:15 ET (10:15 GMT)
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