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Home>News Highlights: Top Company News of the Day

News Highlights: Top Company News of the Day

News Highlights: Top Company News of the Day


 Uber Shutting Down U.S. Car-Leasing Business 

Uber Technologies Inc. on Wednesday confirmed it is shutting down its U.S. auto-leasing business, months after it discovered it was losing 18-times more money per vehicle than previously thought.

 Donald Trump Accuses Facebook of Being 'Anti-Trump' 

President Donald Trump, a post on his Twitter account, said Facebook is acting against him, his second attack on the social network in less than a week after the company agreed to hand over to congressional investigators information related to Russian-backed ads during the election.

 Apple iPhone X Production Woe Sparked by a Parts Imbalance 

Apple Inc. hit a production snag with components crucial to its new iPhone X's facial-recognition system, adding to concerns about extended shortages when sales begin early in November.

 Google Rolls Out Search, Shopping Ad Changes In Europe 

Google has started overhauling millions of search results in Europe.

 Health Insurers Make Final Call on ACA Plans 

Health insurers make their final decisions Wednesday on where to offer Affordable Care Act plans next year, and so far there are few signs of a major last-minute exodus from the health law's exchanges, despite companies' nervousness about their future.

 Carlyle Group in Talks to Sell TCW Group Stake 

Carlyle Group is in talks to sell a stake in bond manager TCW Group to bidders including Japan's Nippon Life Insurance and Mitsubishi UFJ Financial Group, according to people familiar with the matter.

 SEC Probes Departure of PepsiCo's Former Top Lawyer 

Federal officials are investigating an allegation by PepsiCo's former top lawyer that the company fired her in retaliation for how she handled an internal probe into potential wrongdoing in Russia.

 Fast-Food Chain Sonic Confirms Data Breach 

The operator of Sonic Drive-In burger joints acknowledged that its store-payment systems were attacked, leaving some customers' credit and debit cards numbers at risk.

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