Merkel Meets Zuckerberg; United CEO Vows Change: Saturday Wrap

  • German chancellor confronts Facebook chief on racist postings
  • United's Munoz tells employees he's heard their concerns

Here are highlights of some of the top breaking-news stories from around the world on Saturday:

German Chancellor Angela Merkel and Facebook Inc. Chief Executive Officer Mark Zuckerberg were caught on an open mic at the United Nations General Assembly meeting in New York in an exchange about why Facebook hasn’t done more to stop racist and xenophobic posts on its German site.

Brazilian President Dilma Rousseff said she’s “extremely concerned” about companies that have debt in dollars, given the recent plunge in the country’s currency.

Volkswagen is set to name a new leader for its Porsche unit to succeed newly named Chief Executive Officer Mattias Mueller, in the latest management move since VW’s confession that it rigged its so-called clean-diesel cars to cheat on U.S. emissions tests.

United Continental Holdings Inc.’s new CEO put out a letter to employees saying he’s heard their complaints loudly and clearly, and changes are coming.

Sprint Corp. said it won’t participate in a major U.S. airwaves auction next year and will build out its network with what it has.

The leader of Canada’s New Democratic Party partly walked back his campaign promise to fully tax stock options, saying he’d exempt startups and just go after big companies that dole out options to avoid taxes.

Dalian Wanda Group Co., controlled by Asia’s richest man, Wang Jianlin, said it opened a $2.5 billion resort in southeast China’s Yunnan province.

Some U.S. House Republicans urged their colleagues to slow down their rush to elect a new speaker to replace John Boehner.

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