News Highlights: Top Company News of the Day
December 06 2019 - 7:30AM
Dow Jones News
Used Car Retail Startup Vroom Valued at $1.5 Billion in Latest Funding
Vroom, a used car marketplace and delivery startup, was valued
at $1.5 billion in a new financing, according to a person familiar
with the matter.
Facebook in Talks to Add More New York Office Space
Facebook is in talks to lease a landmark Manhattan building in a
deal that would make it one of New York's largest corporate tenants
and would help offset the lack of Amazon's second headquarters
earlier planned for the city.
'Frozen 2' Artists' Tweets Draw Apology From Disney in Japan
Walt Disney's Japan unit apologized after artists it hired to
endorse its "Frozen 2" movie on Twitter failed to label the tweets
as promotional.
Stitcher Strikes $10 Million Deal With 'My Favorite Murder' Hosts
The creators of a popular true-crime podcast have signed a deal
worth at least $10 million with E.W. Scripps's Stitcher podcasting
unit, according to people familiar with the deal, signaling the
nascent medium's rapid growth.
Cyberattacks Complicate War Exclusions for Insurers
Digital criminal activity is challenging the conventional
definition of what constitutes acts of war and aggression, experts
say.
Michael Dell's Money Managers Change How His Wealth Is Invested
MSD Capital, Michael Dell's $16 billion family office, is
pulling back from active stock-picking. Co-founder Glenn Fuhrman is
leaving at year-end.
CORE Industrial Doubles Down on Additive Manufacturing
Midwest Composite Technologies, a 3D-printing company, has
bought injection-molding specialist ICOMold LLC, as private-equity
sponsor CORE Industrial Partners expands its reach in the growing
additive-manufacturing market
Big Tobacco Is a Long Way From Burning Out
The threat of harsher regulations has hit cigarette stocks, but
the industry may be more resilient than investors think.
Google Management Shuffle Points to Retreat From Alphabet Experiment
Sundar Pichai's appointment as CEO of Google parent Alphabet
effectively shifts the focus back on the company's advertising
profit machine and away from its "moonshots" and other potential
new businesses.
Uber Report Details Sexual Assaults in U.S. Over Two Years
Uber Technologies said it received 5,981 reports of sexual
assault involving U.S. passengers or drivers during 2017 and 2018,
underscoring the risk that has been a chief criticism of
ride-hailing companies around the world.
(END) Dow Jones Newswires
December 06, 2019 07:15 ET (12:15 GMT)
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