News Highlights: Top Company News of the Day
American Airlines Invests in Electric Flying Taxis
Investments in the vehicles are part of broader effort by
airlines to spur the development of new, more efficient aviation
technology as they seek to reduce their carbon footprint.
Didi Chuxing, China's Ride-Hailing Giant, Unveils U.S. IPO Filing
Didi, which filed under its formal name of Xiaoju Kuaizhi, could
fetch a valuation upward of $70 billion, people familiar with the
Amazon Faces Possible $425 Million EU Privacy Fine
Luxembourg has circulated a draft decision sanctioning Amazon's
privacy practices and proposing the fine among the bloc's 26 other
Judge Dismisses Anti-Money-Laundering Charges Against MoneyGram
The order concludes a settlement agreement the company entered
into in 2012 for failing to prevent mass-marketing and
consumer-fraud phishing schemes.
United Airlines Starts Corporate Venture-Capital Fund
United Airlines Holdings has started a corporate venture-capital
fund that will invest in emerging companies related to travel.
Moderna Covid-19 Vaccine Submitted for Authorization in Adolescents
Moderna said it has asked U.S. health regulators to authorize
the use of its Covid-19 shot for adolescents ages 12 to 17,
potentially lining up a second vaccine option for teens by as soon
Electronic Arts Discloses Hack of 'FIFA 21' Source Code
No player data was accessed, they company says, adding that it
doesn't believe there is any risk to player privacy.
Keystone XL's Demise Shows Hard Road for New Pipelines
The defeat of Keystone XL has invigorated protesters, making it
increasingly difficult to build pipelines in the U.S. and
Tesla to Introduce Upgraded Model S to Jump-Start High-End Model Sales
Elon Musk is due to release a redesign of Tesla's Model S luxury
sedan in a bid to reinvigorate demand for a car that helped turn
the company from a niche startup to an electric-vehicle maker with
Toshiba, Japan Officials Teamed Up Against Foreign Shareholders, Report Finds
The company collaborated with Japan's Ministry of Economy, Trade
and Industry to throttle investors ahead of a shareholder vote,
according to the report.
(END) Dow Jones Newswires
June 10, 2021 19:15 ET (23:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.