News Highlights: Top Company News of the Day

Features Dow Jones Newswires

Uber Selects Expedia's Khosrowshahi as New CEO

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Uber Technologies has voted to appoint Expedia CEO Dara Khosrowshahi as its new CEO.

Gilead to Buy Kite Pharma for Roughly $11 Billion

Gilead Sciences has agreed to pay about $11 billion for Kite Pharma and its promising new technology for harnessing the body's immune system to fight cancer.

Apple to Hold Product Launch Event on Sept. 12

Apple has scheduled a product announcement event on Sept. 12, according to people briefed on its plans, reinforcing expectations that the company will release new iPhones and a smartwatch ahead of the holiday season.

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Estée Lauder Tells Workers It Isn't For Sale

Estée Lauder over the weekend shot down rumors that it is considering a sale.

Samsung's Message to Employees: Keep Calm and Carry On

Samsung Electronics' chief executive urged his employees to stay focused on their work after the conviction of Samsung's de facto leader, and punctuated that business-as-usual appeal with a fresh $2.3 billion investment in semiconductors.

Williams Cos Names John Chandler as New CFO

Pipeline company Williams Cos. named John Chandler as its new chief financial officer, replacing outgoing incumbent Don Chappel, who announced his retirement earlier this year.

Fitbit Aims to Take a Piece Out of Apple With New Smartwatch

Fitbit Inc. unveiled its long-awaited smartwatch, elbowing into a crowded market to restart its growth.

Wanda Dismisses Reports Chairman Is Barred From Leaving China

Hong Kong-listed shares and bonds of billionaire Wang Jianlin's Dalian Wanda plunged for the second time in two months, following what the company called rumors about its leader being barred from leaving China.

Regulators, Auto Lenders Dig Into Customer-Refunds Process

Regulators are reviewing some auto-lending procedures, including those related to borrower refunds, at several banks and other financing businesses in the wake of problems at Wells Fargo, according to people familiar with the matter.

CBS to Buy Australian Broadcaster Ten Network

CBS plans to acquire Australian broadcaster Ten Network, beating out an attempt from Australian media moguls Bruce Gordon and Lachlan Murdoch to buy the company after it went into receivership.

(END) Dow Jones Newswires

August 28, 2017 11:15 ET (15:15 GMT)