Facebook Shut Down Employee Chat Room Over Harassing Messages
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Facebook dismantled a popular anonymous discussion board for employees last year that had become a forum for conservative political debate that sometimes degenerated into racist or sexist comments.
Silver Run Acquisition to Merge With Alta Mesa, Kingfisher Midstream
Riverstone Holdings LLC's Silver Run Acquisition Corp. II is merging with Alta Mesa Holdings LP and Kingfisher Midstream LLC-a deal that could lead to a midstream IPO, the company said Wednesday.
Deloitte Acquires Acne Agency to Boost Creative Services
Deloitte Digital has purchased creative agency Acne, the latest effort by a consulting firm to add services for marketers.
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Elliott Moves to Block Buffett Bid for Oncor
Elliott Management has purchased a slice of debt that would ensure the hedge fund's ability to block Warren Buffett's deal to buy power-transmission business Oncor, according to people familiar with the matter.
Sears Canada Chairman Preps Going-Concern Bid
Executive Chairman Brandon Stranzl intends to submit an offer for Sears Canada that would preserve the company as a going concern, according to a Wednesday memorandum filed in its insolvency proceedings.
Analog Devices Hires CFO From Wabco Holdings
Chip maker Analog Devices has hired Wabco Holdings' chief financial officer, Prashanth Mahendra-Rajah.
Mexican Supreme Court Backs América Móvil on Fees
Mexico's Supreme Court ruled a law requiring dominant phone carrier América Móvil SAB to complete calls from rival networks without charge is unconstitutional, leaving it up to regulators to determine interconnection fees.
Prosecutors Allege Insider Trading Involving Former Bank of America IT Worker
A former Bank of America employee and several friends at prominent Wall Street firms face criminal insider-trading charges over tips about potential mergers gleaned from a confidential deals database.
White House: Health-Insurer Payments Will Be Made in August
The Trump administration said the federal government would make a set of payments to insurers for August, despite threats from the president that the funding would be halted.
Cisco Predicts Another Drop In Sales
Shares of Cisco Systems fell more than 1% in after-hours trading after the networking company reported fiscal fourth-quarter revenue and adjusted earnings in line with expectations but predicted another drop in revenue in the next quarter.
(END) Dow Jones Newswires
August 16, 2017 21:15 ET (01:15 GMT)