News Highlights: Top Company News of the Day
March 14 2018 - 01:30AM
Dow Jones News
Google to Ban Ads for Cryptocurrencies
Google is following Facebook's lead by banning ads for
cryptocurrencies and other "speculative financial products" across
its advertising platforms.
Rejection of Qualcomm-Broadcom Deal Followed Monthslong Strategy
The Trump administration's extraordinary intervention against
the $117 billion takeover of Qualcomm surfaced suddenly last week.
But it was months in the making.
Walmart to Offer Home Delivery of Groceries in 100 Cities
Walmart will offer home delivery of groceries in 100 cities by
the end of the year and launch same-day delivery in New York City,
adopting a costly model it previously resisted as Amazon, Kroger
and Target invest in similar services.
China's Sovereign Fund Sells Out of Pre-Crisis Blackstone Investment
China's sovereign-wealth fund has sold out of its stake in
Blackstone Group LP, ending a longstanding relationship with the
private-equity giant at a time of growing tensions between the U.S.
and China.
Regulator, Car Executives to Testify at Senate Hearing on Takata Recall
Senate lawmakers next week are expected to grill automotive
executives and the acting head of the federal agency overseeing
roadway safety on lagging repairs to potentially lethal air
bags.
Merrill Lynch Bolsters Business Serving Richest Clients
Merrill Lynch is beefing up its ultra-high-net-worth client
group as the Wall Street brokerage works to pull in new assets and
offer a wider range of wealth-management services.
Dog Dies in United's Overhead Luggage Bin
United Continental Holdings again angered some flyers on Tuesday
after a passenger's dog died in an overhead luggage bin
Duff & Phelps to Buy Corporate-Investigations Firm Kroll
Duff & Phelps said it would buy investigations and
risk-consulting firm Kroll Inc., the latest in a series of
acquisitions by the U.S. corporate-finance adviser.
Netflix's Massive Rally Draws Attention of Skeptics
Netflix Inc.'s massive stock price surge is finally bringing out
the bears.
Amazon Recalls Portable Battery Chargers
Amazon is voluntarily recalling about 260,000 of its
AmazonBasics portable battery chargers due to potential fire and
chemical burn risks, according to the U.S. Consumer Product Safety
Commission.
(END) Dow Jones Newswires
March 14, 2018 01:15 ET (05:15 GMT)
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