Alphabet's Waymo Sues Uber Over Self-Driving Car Secrets 
 

Google parent Alphabet's heated rivalry with Uber over self-driving cars has spilled into the courthouse, after the internet giant sued the ride-hailing company for allegedly stealing trade secrets to jump-start its own autonomous vehicle program.

 
Baidu Profit Falls Sharply on Lower Marketing Revenue 
 

A Chinese regulatory crackdown on online search and advertising drove a sharp drop in Baidu Inc.'s quarterly profit and a second consecutive revenue decline.

 
Time Warner to Sell TV Station Amid AT&T Merger 
 

Time Warner Inc. agreed to sell its Atlanta television station to Meredith Corp. for $70 million, removing a significant factor that could have prompted the Federal Communications Commission to review Time Warner's $85 billion sale to AT&T Inc.

 
Capital One Discloses Probe Into Anti-Money Laundering Program 
 

Capital One Financial disclosed Thursday that it is under investigation by the New York District Attorney's Office, the Justice Department and the Financial Crimes Enforcement Network over "certain former check casher clients" of its commercial banking business and over its anti-money-laundering program.

 
Merrill Lynch Cuts Maximum Advisory Fee for Smaller Clients 
 

Merrill Lynch is cutting account fees by about 20% for some customers who pay for advice, as the brokerage industry continues to put more emphasis on charging investors level fees versus commissions.

 
Nordstrom Sales Rise on Discount Stores Strength 
 

Nordstrom Inc. posted higher earnings and revenue in the latest quarter, helped by sales at the department store operator's off-price retailers.

 
Coca-Cola Needs to Be More Than Just Coke, its Next Chief Says 
 

James Quincey, Coke's current chief operating officer who will take the reins in May, said the company must speed up the development of products beyond soda.

 
HP Enterprise Posts Steep Revenue Drop, Lowers Outlook 
 

Hewlett Packard Enterprise suffered its steepest drop in quarterly revenue since it split from the PC and printer business, and lowered its outlook for the year, suggesting further weakness in corporate tech spending.

 
SingTel Furthers Ad-Tech Ambitions With Turn Acquisition 
 

Singapore-based telecom provider SingTel is pushing further into the advertising technology business with the acquisition of ad-buying firm Turn, in what may be a mixed signal for the turbulent ad tech market.

 
Hanjin Creditors Fighting Over Who Can Sell Shipping Containers 
 

Stacks of sky-blue shipping containers, one of the last assets of bankrupt Hanjin Shipping Co., litter ports on both coasts. Now a fight is brewing in U.S. Bankruptcy Court over who can sell them.

(END) Dow Jones Newswires

February 23, 2017 23:15 ET (04:15 GMT)