News Highlights: Top Company News of the Day
September 14 2017 - 3:30AM
Dow Jones News
Equifax Blames Exploited Web-Server Software for Data Breach
Equifax said criminals exploited web-server software in the data
breach that affected potentially 143 million Americans but didn't
offer further detail on who may have been behind the hack.
Deloitte's Annual Global Revenues Rise 5.5%
Deloitte Touche Tohmatsu recorded $38.8 billion in global
revenues in its latest fiscal year, up 5.5% in U.S. dollar terms
from the previous year, the Big Four accounting firm said
Thursday.
Goldman Takes Stake in Under Armour CEO's Baltimore Development
Under Armour Chief Executive Kevin Plank has snared Goldman
Sachs as the first private investor in his ambitious Port Covington
development project with a commitment of $233 million.
European Corporate Roundup
A profit warning from Munich Re and a strategic alliance between
Thomas Cook and Expedia are the corporate highlights in Europe
Thursday.
Can Apple Unlock Promise of Facial Recognition?
Face ID will be the primary tool to unlock the nearly $1,000
iPhone X. If Apple can get it right, the company could popularize a
technology that has had a mixed record.
Trump Blocks China-Backed Fund From Buying U.S. Chip Maker
President Donald Trump blocked a Beijing-backed fund's attempt
to buy an American chip maker, signaling his administration will
closely scrutinize Chinese efforts to invest in U.S. semiconductor
technology.
EQT Gets Pressure From Second Investor on Proposed Rice Acquisition
Hedge-fund firm D.E. Shaw Group is launching an activist
campaign against EQT, meaning the energy company will now have to
face down two unhappy investors as it works to close a $6.7 billion
acquisition of Rice Energy.
Equifax Faces Bumpy Legal Terrain as Consumer Suits Mount
Credit-reporting company Equifax could face a tougher challenge
in court than other corporate giants that have dealt with the legal
fallout of data breaches, according to legal experts.
Martin Shkreli's Bail Revoked as Judge Orders Him Sent to Jail
A federal judge in New York on Wednesday revoked Martin
Shkreli's bail and ordered him sent to jail before his sentencing,
finding that the former pharmaceutical executive posed a danger to
the community with his pattern of online threats and
harassment.
Seadrill Sets a Fast Pace for Bankruptcy Turnaround
Seadrill is looking for a swift pass through a bankruptcy that
will reduce the holdings of outside shareholders to make way for
new money to save one of the world's largest offshore oil-drilling
fleets.
(END) Dow Jones Newswires
September 14, 2017 03:15 ET (07:15 GMT)
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