News Highlights: Top Company News of the Day
27 January 2021 - 7:30AM
Dow Jones News
Verizon Internet Outage Disrupts Usage in Northeast
A fiber cut in Brooklyn, N.Y., has caused an outage of service,
with users of Zoom, Amazon Web Services and other applications
reporting problems.
PepsiCo, Beyond Meat Form Plant-Based Foods Venture
Planet Partnership will develop snacks and beverages made from
plant proteins, expanding the market reach of alternative
products.
L'Occitane's U.S. Subsidiary Files Chapter 11 to Fight Leases
The U.S. division of French beauty products maker L'Occitane
International is behind on $15 million in rent and seeks to shed
lease obligations after the Covid-19 pandemic cut into sales.
Canadian Casino CEO Resigns After Flying to Remote Area for Vaccine
Rodney Baker stepped down from Great Canadian Gaming after being
charged with violating health rules in the nation's northwestern
Yukon territory.
Biggest U.S. Banks Embrace 'Rooney Rule' Policies in Diversity Hiring Push
The commitment to mandating a diverse slate of applicants when
hiring employees comes in response to shareholder proposals from
the AFL-CIO's reserve fund.
Washington Post's Marty Baron to Retire as Executive Editor
The newspaper chief plans to step down at the end of February
after an eight-year tenure.
UniCredit to Pick Andrea Orcel as New CEO
One of Europe's best-known bankers remains in a legal fight with
Santander over a canceled job offer.
J&J Expects Covid-19 Vaccine Results by Early Next Week
The drugmaker aims to provide about 100 million doses
domestically by the end of June if study results are positive and
the U.S. authorizes its shot.
Verizon Slow to Cash In on iPhone 12
Carrier's profit slipped in the fourth quarter as higher costs
burdened its bottom line, though the company issued a more upbeat
view of its prospects in 2021.
3M Expects Sales Growth as Customers Return to Offices, Schools
The St. Paul, Minn.-based manufacturer said it has delivered two
billion N95 masks around the world and is making more than 95
million a month in the U.S.
(END) Dow Jones Newswires
January 26, 2021 15:15 ET (20:15 GMT)
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