News Highlights: Top Company News of the Day

Features Dow Jones Newswires

Canadian Grocer Metro to Buy Jean Coutu for $3.6 Billion

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Canadian grocery giant Metro plans to buy drug store chain Jean Coutu for $3.6 billion, creating a network of grocery stores and pharmacies with 1,300 locations.

Google Plans to Help News Publishers Increase Subscriptions

Google is rolling out a package of policies and services to help news publishers increase subscriptions, a move likely to warm its icy relationship with some of the biggest critics of its power over the internet.

Why Apple Rival Samsung Also Wins If iPhone X Is a Hit

The two companies are fierce competitors in the smartphone market, but Samsung stands to make billions of dollars supplying screens and memory chips for Apple's new iPhone.

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Oracle Chairman Larry Ellison Takes Aim at Amazon, Again

Mr. Ellison took aim at the online retail giant, touting Oracle's newest database technology that he claimed his rival can't match.

Facebook Is Still In Denial About Its Biggest Problem

Facebook, which went mainstream as a friendly place to swap baby pictures and cat videos, has yet to fully come to terms with what Russian-paid election ads may have done to its brand and reputation.

Rio Tinto Steams Ahead With First Driverless Ore Train

Trains autonomously hauling iron ore across Australia's arid Pilbara region were meant to transform the mining industry, but the technology proved trickier than expected. Now, Rio Tinto says it has completed a driverless pilot run, operated by people hundreds of miles away.

Global Logistic Properties to Buy Facilities in Europe

Global Logistic Properties announced plans to acquire a portfolio of assets in four European countries totaling 32 million square feet.

NYC Restaurateur Danny Meyer Raises Private-Equity Funds

Shake Shack founder Danny Meyer has gone into the private-equity business, raising $220 million in a fund that is investing in companies that share his employee-centric focus.

Cher Sues Billionaire Entrepreneur Over Stock Sale

Pop star Cher alleges she was duped into selling her shares in a small biotechnology company to billionaire entrepreneur Patrick Soon-Shiong "at a fraction" of their real value.

At the Center of the Equifax Mess: Its Top Lawyer

The board of directors at Equifax is reviewing the actions of Chief Legal Officer John J. Kelley in connection with executives' sales of stock after the company discovered its data security had been breached.

(END) Dow Jones Newswires

October 02, 2017 07:15 ET (11:15 GMT)