News Highlights: Top Company News of the Day
September 04 2017 - 11:15AM
Dow Jones News
Exxon Working Toward Restarting Baytown Refinery
Exxon Mobil is working toward restarting its Baytown
refinery-the nation's second-largest oil refinery-after a shutdown
due to Tropical Storm Harvey, but another of its Texas refineries
remains closed.
Carlyle Group Wins Guernsey Lawsuit Over Crisis-Era Bond Fund
Buyout firm Carlyle won a Guernsey lawsuit that alleged it had
failed to take steps to save a financial crisis era bond fund.
Behind BlackRock's Cross-Selling Blitz
As part of a cross-selling push, BlackRock Inc. is pitching its
clients the services of its Financial Markets Advisory business,
which helped many of Wall Street's largest banks pass the Federal
Reserve's annual stress tests last year.
Air France Shareholders Back Delta, China Eastern Minority Stakes
Air France-KLM shareholders backed Delta and China Eastern
Airlines taking minority stakes in the airline to strengthen the
partnership among three of the world's biggest carriers.
Reckitt Benckiser Says Four Top Executives to Leave
Reckitt Benckiser said four senior executives are leaving the
firm, an unusually large exodus at a time when the consumer giant,
whose brands include Durex condoms and Scholl foot-care
products,,is absorbing its biggest-ever acquisition and coping with
a series of headwinds.
Novartis CEO to Step Down In January
Novartis said its Chief Executive Joe Jimenez is to step down in
January after leading the company through a tumultuous eight years
marked by big patent expiries and intensifying scrutiny on drug
pricing in the U.S.
Google Builds China Workforce to Develop Artificial Intelligence
The Alphabet-owned technology titan is ramping up its presence
in the country through the hiring of engineers to work in one of
tech sector's hottest corners.
Hollywood Hopes 'It' Can Pull Box Office Out of the Gutter
The movie based on a Stephen King novel is expected to make $70
million or more during its opening weekend in the U.S., according
to prerelease surveys, which would be a record for September.
Arkema to Ignite Additional Unstable Chemicals at Crosby, Texas Plant
Arkema SA said Sunday it would ignite additional unstable
chemicals at its plant in Crosby, Texas, because they haven't
caught fire on their own, but continue to degrade and could
threaten the area.
Apple Shifts Leadership of Siri Amid Rising Competition
Apple has shifted oversight of its Siri voice-assistant team to
Craig Federighi, putting the product in the hands of the technology
giant's top software engineer as it contends with rising
competition from rivals such as Alphabet and Amazon.com.
(END) Dow Jones Newswires
September 04, 2017 11:00 ET (15:00 GMT)
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