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News Highlights: Top Company News of the Day

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12/06/2019 | 09:16am EST
Used Car Retail Startup Vroom Valued at $1.5 Billion in Latest Funding 
 

Vroom, a used car marketplace and delivery startup, was valued at $1.5 billion in a new financing, according to a person familiar with the matter.

 
Facebook in Talks to Add More New York Office Space 
 

Facebook is in talks to lease a landmark Manhattan building in a deal that would make it one of New York's largest corporate tenants and would help offset the lack of Amazon's second headquarters earlier planned for the city.

 
When to Buy Into Aramco 
 

Global investors likely have a long wait before the Saudi oil giant's expensive shares are priced at a more normal level.

 
Michael Dell's Money Managers Change How His Wealth Is Invested 
 

MSD Capital, Michael Dell's $16 billion family office, is pulling back from active stock-picking. Co-founder Glenn Fuhrman is leaving at year-end.

 
DAZN Gives Away Content to Punch Up Subscriber Base 
 

The sports-streaming service DAZN has a contrarian approach to attracting new subscribers: Create original content and put it on other platforms free of charge.

 
'Frozen 2' Artists' Tweets Draw Apology From Disney in Japan 
 

Walt Disney's Japan unit apologized after artists it hired to endorse its "Frozen 2" movie on Twitter failed to label the tweets as promotional.

 
Creators of 'My Favorite Murder' Podcast Land a Deal With Scripps 
 

The creators of a popular true-crime podcast have signed a deal worth at least $10 million with E.W. Scripps's Stitcher podcasting unit, according to people familiar with the deal, signaling the nascent medium's rapid growth.

 
Cyberattacks Complicate War Exclusions for Insurers 
 

Digital criminal activity is challenging the conventional definition of what constitutes acts of war and aggression, experts say.

 
Uber Report Details Sexual Assaults in U.S. Over Two Years 
 

Uber said it received 5,981 reports of sexual assault involving U.S. passengers or drivers during 2017 and 2018, underscoring the risk that has been a chief criticism of ride-hailing companies around the world.

 
CORE Industrial Doubles Down on Additive Manufacturing 
 

Midwest Composite Technologies, a 3D-printing company, has bought injection-molding specialist ICOMold LLC, as private-equity sponsor CORE Industrial Partners expands its reach in the growing additive-manufacturing market

Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK -1.56% 214.5381 Delayed Quote.6.19%
LONDON BRENT OIL -0.46% 58.83 Delayed Quote.-6.00%
WTI -0.15% 52.6 Delayed Quote.-9.29%
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