Trust Banks Have a Need for Spend 
 

Core total revenue was stable at both State Street and Bank of New York Mellon in the fourth quarter, but the big difference was the expense outlook.

 
Airbnb to Tie Employee Bonuses to Guest Safety 
 

Ahead of its plans to go public, Airbnb laid out a strategy that emphasizes serving "stakeholders" that include hosts, guests, investors, employees and the communities in which it does business.

 
Walmart Shuffles Executive Ranks After Holiday Season 
 

Walmart chief merchant Steve Bratspies is leaving the company as the country's largest retailer shakes up its executive ranks following the crucial holiday season.

 
Schlumberger Plans U.S. Pullback as Shale Oil Drillers Struggle 
 

The world's largest oil-field services company, Schlumberger, is pulling back from the U.S. and focusing on international projects as a slowdown in shale drilling reverberates through the industry.

 
Tesla Unintended-Acceleration Claims to be Reviewed by U.S. Regulators 
 

Federal regulators are looking into whether consumer complaints of unintended acceleration in Tesla models warrant a formal defect investigation into about 500,000 vehicles sold by the electric-car maker.

 
Lawmakers Call for Investigation of Fintech Firm Yodlee's Data Selling 
 

Yodlee might be selling consumers' personal financial data without proper consent, three lawmakers said in a letter to the Federal Trade Commission.

 
Altria-Juul Deal Is Stuck in Antitrust Review 
 

Federal antitrust officials continue to probe Altria's control of shelf space more than a year after the Marlboro maker sought a 35% stake in e-cigarette company Juul.

 
AB InBev Taps Machine Learning to Root Out Corruption 
 

The company that stands out for taking a data-driven approach to preventing bribery and corruption isn't part of the tech sector. In fact, its product predates the wheel.

 
Rio Tinto Sees Iron-Ore Shipments Rebounding in 2020 
 

Rio Tinto forecast improved iron-ore shipments from its Australian mining hub this year after operational and weather-related setbacks curbed output in 2019.

 
Richemont Sales Rise Despite Hong Kong Downturn 
 

Richemont posted above-forecast third-quarter sales of EUR4.16 billion, boosted by its jewelry division and despite a sharp contraction in the important Hong Kong market.

(END) Dow Jones Newswires

January 17, 2020 13:15 ET (18:15 GMT)