News Highlights: Top Company News Of The Day

Facebook Suspends Some 200 Apps in Data-Abuse Investigation 

The apps, which Facebook didn't name, are among thousands the company has examined so far in an investigation of outside developers.

Two More Wynn Resorts Directors to Leave Board 

Wynn Resorts said two board members-including one who was investigating sexual-misconduct allegations against former Chief Executive Steve Wynn-will leave their posts after Elaine Wynn, the company's largest shareholder, had pressed for additional board changes.

Twitter CFO Ned Segal Says More Work Ahead to Improve Social Site 

Twitter, which recently posted its second profitable quarter as a public company, has more work to do to sustain its financial turnaround, said Chief Financial Officer Ned Segal.

U.S., China Weigh Deal on ZTE, Agricultural Tariffs 

The U.S. and China are closing in on a deal that would give Chinese telecom firm ZTE a reprieve from potentially crippling U.S. sanctions in exchange for Beijing removing tariffs on billions of dollars of U.S. agricultural products.

Delta Eyes New Flights to India after Gulf Deal 

Delta Air Lines CEO Ed Bastian said an agreement between the U.S. and two Persian Gulf states affords new protections to U.S. airlines that make it worth restarting service to foreign destinations that could include India.

IPO Slowdown Leads Venture Giant NEA to Sell Chunk of Portfolio 

New Enterprise Associates, one of Silicon Valley's largest venture-capital firms, plans to sell off a big chunk of its startup investments in response to a dearth of initial public offerings.

Calpers Investment Chief Will Leave In 2018-Update 

The investment chief of the nation's largest public pension plans to leave his post by the end of the year, the latest in a series of executive departures for Calpers.

Auto Makers Miss Deadline for Repairing Explosive Air Bags 

A dozen auto makers failed to meet a deadline to repair millions of air bags that risk exploding in crashes, prompting the top U.S. safety regulator to summon them to meetings.

Are Nissan, Renault Merging? Nissan Boss Says No 

Nissan CEO Hiroto Saikawa says the Japanese carmaker should remain independent, creating another obstacle to a merger advocated by some shareholders.

Tesla CEO Says Company Is 'Flattening Management Structure' 

Tesla will undergo a restructuring to flatten its management structure, Chief Executive Elon Musk told employees.

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News Highlights: Top Company News Of The Day


News Highlights: Top Company News Of The Day