News Highlights: Top Company News of the Day

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03/20/2017 | 04:16 am
Tim Cook


Uber President Of Ride-Sharing Jeff Jones Resigns



Uber Technologies Inc. is losing another high profile executive amid a deepening crisis at the ride-hailing firm over its work culture.




Apple CEO Tim Cook Defends Globalization in China Speech



Apple's Chief Executive Tim Cook defended globalization in a rare public speech in China, as his company faces political pressure in the U.S. to bring back factories.




Washington Cos. Makes Bid for Dominion Diamond



Canadian miner Dominion Diamond Corp. received a $1.1 billion bid from a privately held conglomerate in Montana but the two sides are at a negotiating impasse, setting the stage for a public takeover fight.




'Beauty & the Beast' Another Successful Live Action Remake for Disney



Walt Disney's 'Beauty & The Beast' was a monster at the box office this weekend, opening to $170 million in the U.S. and Canada, according to studio estimates.




Eni's Embattled Chief Seals Second Term



The Italian government made a series of nominations for the top management of large listed companies it controls, including confirming the chief executive of oil major Eni for a second three-year term.




Elliott Owns Stake in Akzo Nobel, Pushes for Talks With Suitor PPG



Activist investor Elliott Management owns a stake in Akzo Nobel and is pushing the Dutch paint maker to engage in talks with suitor PPG Industries.




Yahoo's Marissa Mayer Gets Reprieve From Hacking Criticism



Federal officials this week heaped praise on Yahoo CEO Marissa Mayer for the company's cooperation in an investigation of the hacking of hundreds of millions of the site's accounts.




Apple Plans New China Centers as Cook Addresses Beijing Conference



Apple is launching a new round in its charm offensive in China, announcing two additional research-and-development centers ahead of planned speeches by Chief Executive Tim Cook at a major Chinese government conference.




Deutsche Bank Looks to Lend Its Way Out of Mortgage Mess



Deutsche Bank has been offering attractive financing terms to help investors and other banks buy soured mortgages, a bid to help fulfill terms of its recent $7.2 billion settlement.




Goldman Chief Blankfein Took 4% Pay Cut for 2016



Goldman Sachs's board cut Chief Executive Lloyd Blankfein's pay by 4% and tied more of it to how the bank does for its investors in coming years.






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