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News : Economy & Forex

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News Highlights : Top Company News of the Day

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07/11/2018 | 07:16am CET
Pfizer to Roll Back Price Increases After Trump Criticism 
 

Pfizer said it would "defer" some recent drug-price increases, reversing course after President Donald Trump criticized the company.

 
Lawmakers Press Google on Gmail Privacy 
 

Senior lawmakers requested answers from Google parent Alphabet about its privacy questions surrounding Gmail, the company's popular email service.

 
Google to Face Multibillion-Euro EU Antitrust Fine 
 

The European Union's antitrust watchdog is expected to find Alphabet's Google illegally abused the dominance of its Android operating system for mobile phones, issuing a multibillion-euro fine and ordering changes to the company's Android-related business practices.

 
Apple Hands Siri Responsibilities to Executive Poached From Google 
 

Apple is handing oversight of its Siri team to new artificial-intelligence chief John Giannandrea three months after hiring him from rival Google.

 
Hedge Fund Manager Elliott Takes Control of AC Milan Soccer Team 
 

American billionaire Paul Singer's Elliott Management Corp. promised an initial EUR50 million cash injection into Italian soccer team AC Milan.

 
Judge Dismisses Ex-Companion's Suit Against Redstone's Daughter, Grandson 
 

The federal racketeering lawsuit that Sumner Redstone's former companion brought against his daughter, Shari Redstone, and her son was dismissed by a federal judge.

 
Race Begins to Acquire Movie and Book Rights to Thai Cave Rescue 
 

Now that it is out of the cave, the Thai soccer team may be heading onto the big screen. At least one Hollywood producer is already in Thailand scouting the movie rights to the story of the boys' harrowing experience and rescue.

 
Univision Confirms It is Exploring Sale of Fusion Media Group Assets 
 

Univision Communications said that it is exploring a sale of its Gizmodo Media Group, which houses websites including Gizmodo and Deadspin, and the satirical website The Onion, as it focuses on core assets.

 
Juul Funding Round Values E-Cig Startup at $15 Billion 
 

E-cigarette maker Juul Labs has raised $650 million as part of a fundraising round that seeks to raise $1.25 billion to fund the company's rapid expansion.

 
SEC Brings Insider-Trading Suit Against Former Executive 
 

Regulator's civil complaint says former Heartland Payment CEO Robert Carr gave corporate details to a romantic partner.

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