News Highlights: Top Company News of the Day
Amazon Publishes Books by Top Authors, and Rivals Fret
Amazon.com is well-known for dominating the U.S. book-retail
market, but it is also a force as a book publisher, signing up
blue-chip authors such as Dean Koontz and Patricia Cornwell who
could make the tech giant an even more formidable threat to the
Visa's Bet on Plaid Is Costly but Necessary
Visa is making a big bet on digital payments by plunking down
its own card.
India Orders WhatsApp, Google to Save Data on Mob Attack
An Indian court ordered WhatsApp and Google to preserve data
connected to an attack on a university campus earlier this month in
the latest attempt by authorities to wrangle more control over the
messaging and search giants.
BlackRock Shakes Up Sustainable Investing Business Following Criticism
Investment giant BlackRock announced a series of moves to
address risks related to climate change, following criticism from
investors and advocacy groups for investing in fossil fuels and
allegedly being slow to act on green issues.
Fifth Wall Ventures Preps Real Estate Sustainability Fund
Fifth Wall Ventures is planning a new sustainability venture
fund that would help real-estate companies meet growing pressure to
reduce carbon emissions from their buildings.
Nissan Denies Plan to End Renault, Mitsubishi Alliance
Nissan said its alliance with Renault and Mitsubishi was the
source of its competitiveness and dismissed media reports that it
was considering dissolving the partnership.
Siguler Guff Raises $1.58 Billion to Back Private Equity's Smaller Players
Private investment firm Siguler Guff & Co. still believes
small is beautiful when it comes to buyouts.
Old Sears Settles Disputes With New Sears for More Than $18 Million
Sears Holdings Corp., the estate of the iconic department store
left behind in bankruptcy, has agreed to settle litigation over new
owner Eddie Lampert's $5 billion purchase of the retailer's best
stores for more than $18 million.
G/O Media Workers Call on Owners to Replace CEO
Employees in G/O Media's editorial union urged the company's
private-equity owners to replace G/O Chief Executive Jim Spanfeller
in a letter Monday.
Bang & Olufsen Swings to Loss
Bang & Olufsen reported a second quarter net loss of DKK60
million as results continued to be weighed by its switch to a new
retail strategy and a reduction of inventory.
(END) Dow Jones Newswires
January 14, 2020 07:15 ET (12:15 GMT)
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