News Highlights: Top Company News of the Day
September 21 2017 - 1:30AM
Dow Jones News
China's Postal Savings Bank Taps Overseas Investors
State-owned Postal Savings Bank of China is raising up to $7.6
billion in one of the largest-ever sales of offshore securities by
a Chinese lender.
Google Jumps Back Into Hardware With $1.1 Billion HTC Deal
Google said it would buy part of struggling Taiwanese smartphone
maker HTC for $1.1 billion in cash, as it accelerates its efforts
to crack the handset market.
Some Toys 'R' Us Debt Takes Hit From Bankruptcy Filing
Toys "R" Us Inc.'s bankruptcy filing has sparked a rout in some
of the company's debt, as investors grapple with the fallout from
the unexpected move.
Facebook to Curtail Ads Targeting Users Interested in Anti-Semitic Topics
Facebook is adding more human reviewers to oversee its
advertising system after a report showed that people could target
ads at users interested in anti-Semitic and other hateful
topics.
Two California Cities Sue Oil Majors Over Climate Change
Two Northern California cities filed separate lawsuits against
five major oil companies Wednesday, asking state courts to force
the companies to fund infrastructure the cities say is needed
because of climate change.
Hackers Entered Equifax Systems in March
Hackers roamed undetected in Equifax's computer network for more
than four months before its security team uncovered the massive
data breach, a security firm said in a confidential note Equifax
sent to some of its customers.
Albertsons to Buy Meal-Kit Company Plated
Albertsons Cos. is buying the Plated meal-kit service, the first
acquisition of a prepared-meals company by a national grocery chain
as supermarkets scramble to keep shoppers coming to their
stores.
SunEdison Seeks $21 Million Sale of Texas Industrial Site to Corning
SunEdison Inc. has requested bankruptcy court permission to sell
nearly 700,000 square feet of industrial space in Texas to Corning
Research & Development Corp., a major supplier of glass for
Apple Inc.'s iPhones.
European Earnings Sapped by Strong Euro
The strong euro is taking a bite out of European earnings, with
the region's companies bracing for more pain in the coming months
and searching for ways to protect their bottom line.
Apple Acknowledges Cellular Connectivity Problem in New Watch
Apple acknowledged problems with cellular connectivity in its
newest smartwatch, raising questions about the device's most
significant feature days before it goes on sale in the U.S. and
other countries.
(END) Dow Jones Newswires
September 21, 2017 01:15 ET (05:15 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.