News Highlights: Top Company News of the Day
Zuckerberg, Dorsey and Pichai to Testify on Content Policies
CEOs of Facebook, Twitter and YouTube-parent Alphabet Inc. will
appear before a Senate committee on Oct. 28 to face questioning
about their policies for moderating content on their internet
Peter Roth to Step Down as Warner Bros. TV Chief
The longtime production head says said he is stepping down early
next year after helping to develop such hits as "The West Wing,"
"The Big Bang Theory" and "Two and a Half Men."
European Regulator Turns Up Heat on Ad Tactics Used by Google and Rivals
Tactics Google and other large online-ad players use in digital
ad auctions violate EU privacy law, investigators for Belgium's
privacy regulator wrote in an internal report, a preliminary
finding with implications across the continent.
Chipotle Reports Earnings Next Week. What to Expect.
After Chipotle stock's recent run, 16 of the 34 analysts listed
by FactSet still have Buy or equivalent ratings.
Cboe Global Markets to Buy Dark-Pool Operator BIDS
The exchange operator has agreed to buy BIDS Trading, as
exchanges have grappled with an increase in private, off-exchange
stock trades this year.
Regulatory Holdups Slow Ant Group's IPO Plans
A window is closing for Chinese financial-technology giant Ant
Group to pull off a record-breaking initial public offering ahead
of the U.S. presidential election, as regulators in mainland China
and Hong Kong have yet to sign off on the company's plans to go
Boeing Shares Rise on 737 MAX Optimism
Europe's aviation regulator said a directive allowing the
troubled 737 MAX jetliner's return to service could follow a public
comment period likely to begin next month.
Hertz Secures $1.65 Billion Bankruptcy Loan, Rallying Stock
The rental-car company has lined up $1.65 billion in financing
to carry itself through bankruptcy, sparking a market rally that
more than doubled its share price.
Venezuelan Opposition Loses Bond Ruling, Endangering Citgo
A U.S. judge said bondholders have valid claims over Venezuela's
prized oil refiner Citgo, dealing a blow to the country's
U.S.-backed opposition leaders and putting the company at
heightened risk of a forced takeover.
First Citizens to Buy CIT Group
The combination would create one of the larger regional banks in
the U.S. with more than $100 billion in assets. The company will
keep the First Citizens name.
(END) Dow Jones Newswires
October 16, 2020 19:15 ET (23:15 GMT)
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