EQT, KKR Among Potential Bidders for Long Beach Container Terminal 
 

Global investors including EQT Partners and KKR & Co. are looking at bidding for the Long Beach Container Terminal in Southern California, as are seasoned ship operators Seaspan and Hyundai Merchant Marine.

 
Darden Says Diners Are Trading Up Amid Strong Labor Market 
 

A strong labor market is pushing diners at Darden's restaurant chains to splurge, helping overcome weaker traffic at Olive Garden during its latest quarter.

 
Big Pharma Wins Drug Approval in China Ahead of West for First Time 
 

China has approved AstraZeneca and Fibrogen's new anemia drug roxadustat, marking the first time a medicine from a global pharmaceutical company has received the green light there before any other market.

 
Charter Reaches Settlement With New York Over Internet Service Quality 
 

Charter Communications will pay more than $174 million as part of a settlement following a probe by the New York state attorney general into the quality of service provided to customers.

 
Elon Musk's SpaceX Is Raising $500 Million in Funding 
 

Elon Musk's rocket company, SpaceX, is set to raise $500 million at a $30.5 billion valuation, in a bid to help get a satellite-internet service off the ground.

 
Regulator Fines Glencore Copper Unit $21.3 Million 
 

Canada's main stock-market regulator issued a record $21.3 million fine to a Glencore-controlled copper-mining company to settle allegations that it misled investors.

 
Facebook's Sandberg Vows Action Following Reports of Russian Interference 
 

Facebook Chief Operating Officer Sheryl Sandberg said the social network must do more to protect users from disinformation efforts, after reports found Russian trolls tried to suppress African-American voter turnout in 2016.

 
Rent-A-Center Ends Deal to Be Acquired by Vintage Capital 
 

Rent-A-Center said it terminated its roughly $800 million agreement to be acquired by Vintage Capital Management after the investment firm didn't extend the deal's deadline.

 
Huawei Slams Efforts to Block It From 5G Rollout 
 

A top executive at Chinese tech giant Huawei Technologies branded as irresponsible efforts to block the company's sale of 5G products and said its equipment is safe, challenging foreign officials to back up claims that it poses a cybersecurity threat.

 
Ghosn's U.S. Push Irked Nissan Executives 
 

Carlos Ghosn's drive to increase Nissan's market share in the U.S. created tension with the company's management, who felt his push came at the expense of investing in Japan.

(END) Dow Jones Newswires

December 18, 2018 13:15 ET (18:15 GMT)