News Highlights: Top Company News of the Day
Source: Dow Jones News
Mergers Would Make AT&T, Comcast World's Most Indebted Companies
Recent mergers could transform AT&T and Comcast into the two most indebted companies in the world, a standing that carries uncharted risks for investors.
Audi CEO Arrested in Emissions-Cheating Probe
The CEO of Volkswagen's luxury brand Audi was arrested in connection with an investigation of his role in the German car maker's diesel emissions-cheating scandal.
Apple to Push Fix for Locating 911 Callers
iPhone users who call 911 will automatically send location data to emergency call centers, the result of a partnership between Apple Inc. and startup RapidSOS that addresses a source of first-responder delays.
BlackRock Offers Free Perk That Lets It See Inside Your Portfolio
BlackRock, the world's largest asset manager, is trying to sell more investment products to Main Street with one of the oldest strategies in business: the freebie.
Google Invests $550 Million in Chinese Online Shopping Site JD.com
Google's $550 million investment in JD.com will deepen its ties with China and strengthen its foothold in online shopping.
Google, Facebook Propel Jump in Global Ad-Spending Forecast
Magna, a division of Interpublic Group, predicts global ad revenue will increase 6.4% to $551 billion this year, up from an earlier projection of 5.2% growth.
CYBG to Create U.K. 'Competitor' With Virgin Money Takeover
CYBG said its GBP1.7 billion takeover of Virgin Money will transform the parent of Clydesdale and Yorkshire banks from a challenger to a "competitor" in the U.K.'s financial market place.
Katie Couric Lines Up Video Series for 'theSkimm' Backed by P&G
Nearly a year after leaving Yahoo, Katie Couric is striking out on her own, expanding her own production company with outside investment so that it can find its own sponsors and distribution outlets.
U.S. Auto Makers Are Putting Smaller Engines Into Big Trucks So They Guzzle Less Gas
Big U.S. car makers are standing by many recent tech innovations to increase fuel efficiency, including smaller engines for pickup trucks, even as the Trump administration moves to relax gas-mileage standards.
Gina Rinehart's Hancock Enters Race for Atlas Iron
Billionaire Gina Rinehart's Hancock Prospecting has made a takeover bid for rival Atlas Iron Ltd. that values Australian iron-ore miner at US$290 million.
(END) Dow Jones Newswires
June 18, 2018 09:00 ET (13:00 GMT)
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