News Highlights: Top Company News of the Day

Date : 06/12/2019 @ 6:15PM
Source : Dow Jones News

News Highlights: Top Company News of the Day

 
Cybersecurity Firm CrowdStrike Soars in Wall Street Debut 
 

The cybersecurity specialist's shares leapt more than 80% above their IPO price in their Wall Street debut, valuing the company above $12 billion.

 
Huawei Presses Verizon to Pay for Patents 
 

Huawei Technologies has told Verizon Communications that the carrier should pay licensing fees for more than 200 of its patents, further escalating tensions between the Chinese company and the U.S.

 
Facebook Emails Suggest Zuckerberg Knew of Problematic Privacy Practices 
 

Facebook uncovered emails that appear to show CEO Mark Zuckerberg's connection to potentially problematic privacy practices at the company.

 
Bill Daley, Ex-Obama Chief of Staff, Is Going Back to Wall Street 
 

Bank of New York Mellon names Bill Daley, the former White House chief of staff who spent seven years at JPMorgan, as its vice chairman.

 
Ford to Repair Suspension Problem on 2011-2017 Explorers 
 

Ford Motor Co. said it was issuing a notice to correct a suspension problem in certain model-year 2011 through 2017 Explorer vehicles.

 
Huawei Pulls Laptop Launch as U.S. Restrictions Sting 
 

China's Huawei Technologies canceled the launch of a new laptop and paused production at its personal-computer business due to restrictions on buying American components.

 
Google Axes Lobbyists Amid Growing Government Scrutiny 
 

Google has fired several of its largest lobbying firms as part of a major overhaul of its global government affairs and policy operations amid the prospect of greater government scrutiny.

 
KKR Doubles Down on House Flippers 
 

The investment house has agreed to pump another $250 million into Toorak Capital Partners, which buys short-term loans made to real-estate investors who purchase, renovate and resell residential properties.

 
Sprint, T-Mobile Merger Chances Take Another Hit 
 

Sprint and T-Mobile have suffered a significant setback as they await Justice Department approval for their union.

 
WPP Confirms Guidance, Kantar Sale on Track 
 

WPP backed its guidance for the year and said the sale of its Kantar business was on track.

 
 

(END) Dow Jones Newswires

June 12, 2019 13:00 ET (17:00 GMT)

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