News Highlights: Top Company News of the Day

09/16/2020 | 03:16am
Volkswagen Completes Compliance Monitoring After Emissions Scandal 
 

The German car maker has wrapped up a three-year supervision program under a U.S.-appointed independent monitor in the wake of its emissions scandal, resulting in a more transparent company, a top executive said.

 
Alibaba-Backed Courier to List in Hong Kong 
 

ZTO Express plans to raise up to $1.56 billion, becoming the latest Chinese company to seek a secondary listing in Hong Kong as tensions between the U.S. and China rise.

 
Suez in Talks to Sell Recycling, Recovery Units 
 

Suez has entered into exclusive talks to sell some of its waste-recycling and recovery activities, valued at around EUR1.1 billion, to Schwarz's PreZero.

 
Julius Baer Close to FIFA Issue Resolution 
 

Julius Baer is in advanced talks to reach a resolution with the U.S. Department of Justice related to the authority's probe into FIFA, and a possible deal could mean the bank paying out millions of dollars.

 
FTC Preparing Possible Antitrust Suit Against Facebook 
 

The case preparations come after the Federal Trade Commission has spent more than a year investigating concerns that Facebook has been using its powerful market position to stifle competition.

 
Apple Unveils New Watch Series 6, iPad 
 

In its first virtual-only product event, Apple showed off a new smartwatch that has an ability to measure blood oxygen as well as updated iPads, with the latest iPhone unveiling anticipated next month.

 
Apple's Product Prices Are Getting More Confusing 
 

Apple, in trying to prove that its gadgets and services are for everybody, now offers more products at more price points-resulting in too many overlapping features. What happened to Steve Jobs's keep-it-simple approach?

 
Microsoft's Failure to Land TikTok Raises Questions Over What's Next for CEO Nadella 
 

Microsoft CEO Satya Nadella suffered a rare defeat in his company's failed pursuit of viral video app TikTok. That doesn't mean he's done hunting for the tech giant's next big thing.

 
Google Executive Gets Grilling on Capitol Hill 
 

At a Senate hearing, lawmakers focus on Google's dominant position at every step in the chain of technology that connects web publishers with advertisers.

 
Kodak Didn't Break Law When Loan Was Revealed, Panel Finds 
 

A special committee hired by the company's board found several governance concerns regarding the announcement of a planned $765 million loan from the U.S. government, but said none of them violated the law.

 
 

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