News Highlights: Top Company News of the Day

Date : 03/14/2018 @ 5:30AM
Source : Dow Jones News

News Highlights: Top Company News of the Day

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)

Copyright (c) 2018 Dow Jones & Company, Inc.
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