Mnuchin's Sears Ties Resurface Over Pension Debt 
 

Senate Democrats urged Treasury Secretary Steven Mnuchin to recuse himself from any decisions involving the U.S. government's pension insurer and Sears Holdings Corp., the bankrupt retailer he previously backed.

 
SEC Opens Investigation Into Honeywell's Accounting 
 

Honeywell International said the SEC opened an investigation into its accounting of asbestos-related claims.

 
In a Tight Labor Market, Even the Staffing Firms Struggle 
 

Staffing company ManpowerGroup gave a muted outlook Friday as a tight U.S. labor market continues to pinch revenue and political uncertainties in Europe cause employers to rethink short-term hiring plans.

 
Chevron Ready to Resume Oil Output in Wafra if Saudis, Kuwaitis Agree 
 

Chevron stands ready to restart pumping oil in a field shared by Saudi Arabia and Kuwait once the countries settle a dispute over environmental licenses, the company said Friday.

 
Daimler Issues Profit Warning, Sending Shares Down 
 

Daimler warned of "significantly lower" earnings for the full year and said profit had dropped 27% in the three months to Sept. 30, sending shares to a five-year low.

 
Hasbro to Cut Workforce in New Round of Layoffs 
 

The toy company is planning layoffs that will trim less than 10% of its workforce, a move the maker of Monopoly, Nerf guns and Disney Princess dolls says is a response to changes in how consumers buy and play with toys.

 
P&G Posts Strongest Sales Growth in Five Years 
 

Procter & Gamble booked its strongest quarterly sales gains in five years on the back of healthy global demand for bathroom staples like Head & Shoulders shampoo and Gillette razors.

 
Facebook Turns to U.K. Politician to Help Repair Image 
 

Facebook has hired Britain's former deputy prime minister, Nick Clegg, as its top policy and communications executive, giving a Silicon Valley outsider the task of mending the social network's image.

 
Amazon Revisits Some Cities as HQ2 Decision Looms 
 

Amazon executives have made a fresh round of visits to several of the 20 finalists for its $5 billion second-headquarters project, fueling added anticipation as it nears a decision in a process that has stretched over more than a year.

 
Arkansas Bank's Shares Tank on Loan Losses 
 

Shares of Bank OZK fell 23% after the bank said it had charged off almost $46 million on two different real-estate credits.

 
 

(END) Dow Jones Newswires

October 19, 2018 19:15 ET (23:15 GMT)

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