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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

10/04/2017

 EU Orders Recoup of $300 Million in Amazon Back Taxes 

The European Union upped the stakes in its push to collect taxes from U.S. tech giants, pressing its cases against Amazon.com and Apple.

 Yahoo Estimate of Breached Accounts Triples to 3 Billion 

A massive data breach at Yahoo in 2013 was far more extensive than previously disclosed, affecting all of its 3 billion user accounts, its parent company Verizon said.

 Uber Board Approves Series of Corporate Reforms 

Uber's board has approved a series of corporate reforms along with a multi-billion investment from SoftBank that are designed to strengthen the company's governance while at the same time strip power from former CEO Travis Kalanick.

 Uber's Indian Rival in Talks to Raise Up to $2 Billion 

Uber Technologies Inc.'s rival in India, Ola, is in talks to raise as much as $2 billion, a cash injection that would provide added fuel to fight the San Francisco ride-hailing giant in the world's second-most-populous country.

 PwC Reports Higher Global Revenue 

PricewaterhouseCoopers recorded $37.7 billion in global revenue in its most recent fiscal year, up 5% from the previous year in U.S. dollar terms, the Big Four accounting firm said Wednesday.

 Charter Communications Strike Ratchets Up 

A lengthy labor dispute between cable giant Charter Communications Inc. and its workers is escalating, with the union launching a new ad campaign.

 Disney's Iger Says 'Empathy' Led Him Not to Punish ESPN's Jemele Hill Over Tweets 

Walt Disney Co. Chief Executive Robert Iger was personally involved in the decision not to discipline ESPN's Jemele Hill after she tweeted that President Trump was a "white supremacist," the CEO said Tuesday.

 Renovate America Names New CEO, Announces Outside Review Amid Regulatory Scrutiny 

Renovate America Inc., the largest lender of energy-saving home improvement loans, announced a companywide shake-up Tuesday, including the ouster of one of its co-founders and the demotion of another from chief executive to a strategy role.

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