Twitter Hires Former Goldman Executive Segal as CFO
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Twitter tapped former Goldman Sachs Group executive Ned Segal as its new chief financial officer, a step toward filling vacancies created at the social-messaging company over the past year.
Time Inc., Seeking a Refresh, Explores Renaming Itself
Time Inc. is considering a major rebranding that could include a corporate name change, as the publisher tries to position itself as a modern media company with growing digital and video ventures.
Facebook to Show Ads on Messenger App
Facebook has spent years developing two of the world's most popular messaging apps. Now, with slowing revenue growth in its core product, it wants to cash in.
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Tesla Readies for Model 3 by Adding Repair Vans
As Tesla begins a launch of its first mass-market car, the company said it plans to triple its capacity to repair vehicles, adding 1,400 technicians, dozens of new service centers and hundreds of maintenance vans.
Higher Prices Boost PepsiCo Results
PepsiCo said its second-quarter sales and earnings rose as the beverage and snack maker continued to offset weak demand in North America with higher prices.
PayPal Hires Former Amazon.com Executive for Lending Business
PayPal Holdings Inc. said Tuesday it has hired Mark Britto, a financial-technology entrepreneur and a former executive at Amazon.com Inc., to lead its lending business.
Snap Shares Tumble Further Below IPO Price
Snap's rough week continued Tuesday, as a bank that led its initial public offering slashed its price target for the Snapchat parent's stock.
Rent-A-Center Rejects Takeover Proposal; Stock Jumps
Rent-A-Center Inc. said it rejected an unsolicited takeover offer of $15 a share from activist investor Vintage Capital Management, calling it an "inadequate and opportunistic proposal."
Takata Recalls More Rupture-Prone Air Bags
Takata recalled an additional 2.7 million air bags in the U.S. that are at risk of rupturing, adding to a mushrooming safety crisis that forced the Japanese company to seek bankruptcy protection.
Consol Energy Files to Spin Off Coal-Mining Business
Consol Energy, one of the world's oldest coal miners, said its board has approved plans to spin off its coal business, cementing its identity as a natural-gas exploration and production company.
(END) Dow Jones Newswires
July 11, 2017 17:15 ET (21:15 GMT)