News Highlights: Top Company News of the Day

Features Dow Jones Newswires

Xerox Is in Talks for a Deal With Japan's Fujifilm

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Xerox Corp. is in talks to potentially do a major deal with Japan's Fujifilm Holdings Corp. as the U.S. document pioneer struggles to reinvent itself.

Massachusetts Seeks Sales-Practice Information From Discount Brokers

The Massachusetts Securities Division confirmed that it sent letters of inquiry to the three largest discount brokers by assets, Fidelity, Charles Schwab Corp. and TD Ameritrade Holding Corp., in response to the sales practices profiled in an article The Wall Street Journal published Wednesday.

A Bright Christmas Reignites Nordstrom Buyout Hopes

The Nordstrom family tried to do a $10 billion buyout in the fall but pessimism on retailers killed the deal. Now they would have to pay more to take the namesake department store chain private.

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Toyota Plant Puts Foreign Car Makers on Path to Pass Detroit in U.S. Production

Toyota's choice of Alabama as the new home for a shared factory with Mazda marks a major shift in U.S. vehicle manufacturing, with foreign auto makers poised to build more cars and trucks in America than the Detroit giants.

Facebook, Google Have a Tough New Job in Germany: Content Cop

Under a German law in effect since Jan. 1, Facebook and other social platforms now are responsible for keeping illegal content off their sites-and finding the job is harder than it looks.

Immigration Agents Swarm 7-Elevens, Issue Warning to Businesses

Federal immigration authorities swarmed nearly 100 convenience stores in 18 states and the District of Columbia and warned businesses that the Trump administration's hard-line stance on immigration applies to them too.

Advisers at Leading Discount Brokers Win Bonuses to Push Higher-Priced Products

At Fidelity, Schwab and TD Ameritrade, employees win extra pay or other incentives to put clients in products that are more lucrative for them, and the firm. Customers may end up with products and services that are costlier than they need.

New York City Halts Incentive Package for Aetna Headquarters

New York City is shelving a $9.6 million incentive package offered to Aetna while the insurer reassesses whether to move its headquarters to the city.

New York City Sues Oil Companies in Climate Change Lawsuit

Mayor Bill de Blasio said his administration had filed a lawsuit against five major oil companies and was pushing New York City pension funds to divest from fossil fuel, both part of an effort to fight climate change.

CES Unplugged: Power Goes Out at High-Tech Showcase

The lights went out at the nation's premier consumer-technology conference, the annual CES show in Las Vegas, leaving thousands of attendees and a legion of shiny gadgets in the dark.

(END) Dow Jones Newswires

January 10, 2018 23:15 ET (04:15 GMT)