News Highlights: Top Company News of the Day

Date : 01/11/2019 @ 10:30AM
Source : Dow Jones News

News Highlights: Top Company News of the Day

Apple Plans New LCD iPhone This Year Despite XR's Stumble 

Apple is planning to release three new iPhone models again this fall, including one with a triple rear camera.

Carlos Ghosn Faces New Charges From Tokyo Prosecutors 

Carlos Ghosn was hit with new charges by prosecutors who accused him of misreporting his compensation through 2018 and abusing his position at Nissan Motor for personal gain.

Amazon's IMDb Launches Free Streaming-Video Service launched its first advertising-supported streaming-video channel, the e-commerce giant's latest effort to grab a larger share of the ad market.

Activision Blizzard Splits With 'Destiny' Studio 

The videogame publisher is cutting ties with Bungie, the studio behind one of its biggest hits, a surprise move that dented its stock and added to questions about the company's 2019 release slate.

Ghosn's Lawyer Said He Developed a Fever in Jail, Is Feeling Better 

Carlos Ghosn developed a fever while in a Tokyo jail but was feeling better Friday morning, his lawyer said, after the former Nissan chief's wife pressed Japanese authorities for information on his health.

Mnuchin Defends Plan to Remove Russian Aluminum Giant From Sanctions Blacklist 

U.S. Treasury Secretary Steven Mnuchin, under fire from Democratic lawmakers, defended the proposed removal of Russian aluminum behemoth United Co. Rusal from the administration's blacklist as evidence of a successful sanctions strategy.

Nine West Receives Court Approval for $22 Million Loan 

The judge presiding over Nine West Holdings Inc.'s bankruptcy authorized the company to borrow another $22 million after it reached an agreement with junior creditors who are challenging its chapter 11 exit proposal.

Ford Shutting Down Mobility Startup Chariot 

Ford Motor Co. is shutting down private-shuttle service Chariot, ending one of its efforts to diversify itself as a "mobility" company.

Postmedia Names Andrew MacLeod CEO 

Postmedia Network Canada's Chief Operating Officer Andrew MacLeod will become chief executive, replacing Paul Godfrey, who remains executive chairman.

Fiat Warns of $800 Million in Costs Related to Emissions Settlement 

Fiat Chrysler will spend up to $800 million to settle allegations that it used "defeat devices" to pass emissions tests.


(END) Dow Jones Newswires

January 11, 2019 05:15 ET (10:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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