News Highlights: Top Company News of the Day

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03/17/2017 | 12:15 am
Thomas Rutledge

KKR Nears Deal to Buy Insurance Broker USI for About $2 Billion

KKR & Co. is nearing a deal to acquire insurance broker USI Insurance Services for about $2 billion, according to people familiar with the matter.

Goldman Sachs Scoops Up Delinquent Mortgages

Goldman Sachs has become the largest buyer of severely delinquent home loans from mortgage giant Fannie Mae over the past year and a half, acquiring nearly two-thirds of $9.6 billion in loans the agency has auctioned, government records show.

Twitter Tells McDonald's Its Account Was Compromised

McDonald's Corp. on Thursday was notified by Twitter that its account was compromised after a message about President Donald Trump was posted from its corporate Twitter account.

Swift to Delist 4 North Korean Banks Sanctioned by U.S.

Four North Korean banks that were still able to use the Swift money-transfer messaging system despite U.S. Treasury sanctions will be deactivated from the network in coming days, leaving none of the country's banks with access.

Paramount Working to Keep Film-Financing Deal on Track

Executives at Viacom Inc. and its Paramount Pictures studio are working overtime to keep their $1 billion co-financing deal with two Chinese firms on course.

3M Buys Personal-Safety Unit from Johnson Controls for $2 Billion

3M is buying a personal-safety unit from Johnson Controls for about $2 billion.

21st Century Fox's Bid for Sky Referred to Regulators

British authorities will intervene and thoroughly review 21st Century Fox's $14.3 billion bid to buy the 61% of British pay-television giant Sky it doesn't already own, a U.K. lawmaker said.

Cargill to Sell Oil Trading Business to Macquarie

Cargill will sell its petroleum-trading business to Macquarie Group, part of a years-long campaign by the agricultural giant to refocus its sprawling business portfolio toward its core food operations and higher-profit products.

Airbus Says French Fraud Investigators Open Probe Into Possible Misconduct

France's financial-crimes investigator has begun a preliminary probe into alleged wrongdoing at Airbus Group, amid widening accusations facing the European plane maker over potential corruption.

Charter CEO Thomas Rutledge Sees Big Pay Increase

Charter Chief Executive Thomas Rutledge is joining the ranks of the highest-paid media executives after closing the acquisition of Time Warner Cable.

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