News Highlights: Top Company News of the Day
January 11 2019 - 7:30PM
Dow Jones News
Danske Bank Warns of Potential Resumption of French Money-Laundering Probe
Danske Bank already is under investigation in Denmark, Estonia,
the U.K. and the U.S. for allegedly facilitating the laundering of
about $230 billion through its Estonian branch by non-Estonian
customers between 2007 and 2015. The scandal has led to the
departure of several top bank executives.
Top Nissan Executive José Muñoz Resigns
One of Nissan Motor Co.'s top executives, José Muñoz, has
resigned, the first shake-up of the Japanese auto maker's top
management since the arrest of former Chairman Carlos Ghosn.
Netflix Sued Over Alleged Trademark Infringement
The publisher of the "Choose Your Own Adventure" book series
sued Netflix, saying the streaming company's recently released
interactive film "Black Mirror: Bandersnatch" used the series'
trademark without permission.
T-Mobile, AT&T Pledge to Stop Location Sharing by End of March
T-Mobile US and AT&T said they would stop feeding individual
customers' real-time locations to data middlemen after a report
suggested the sensitive information is easy to pull without users'
consent
Venezuela Misses $1 Billion Collateral Deadline to Protect Citgo
Venezuela failed to put up nearly $1 billion in collateral to
ensure its U.S. crude refineries stay under state control as
President Nicolás Maduro begins a new six-year term in office, a
person familiar with the matter said.
Huawei Executive Is Charged With Espionage in Poland
Polish authorities detained and charged a local sales director
of Huawei, a Chinese national, with conducting high-level espionage
on behalf of China, amid widening global scrutiny of the technology
giant.
Activision's Date With Destiny
Sci-fi shooter never lived up to Activision's goals, but
videogame publisher needs to show what else it has in the
chamber.
Fox Won't Bid to Reacquire Its Regional Sports Networks From Disney
Disney, the parent of sports-TV juggernaut ESPN, is required by
the Justice Department to sell the regional channels in return for
approval of the 21st Century Fox acquisition.
GM Sees Boost to Profit From Job Cuts
General Motors said its earnings are picking up speed, with
added momentum due to come this year from plant closures and job
cuts denounced by President Trump.
Citigroup Gives Activist ValueAct More Access to Its Business
Citigroup has agreed to give activist investor ValueAct Capital
Partners greater insight into its strategy, governance and
operations without giving it a board seat.
(END) Dow Jones Newswires
January 11, 2019 19:15 ET (00:15 GMT)
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