News Highlights: Top Company News of the Day
02 February 2021 - 11:30AM
Dow Jones News
Exxon to Create 'Low Carbon' Business Unit as It Faces Activists
The company will seek to commercialize its carbon capture and
storage technology, investing $3 billion through 2025.
Exxon-Chevron Tie-Up Not as Crazy as It Sounds
Today's tech stock exuberance is a flashback to the 1990s. Now
oil investors are experiencing their own déjà vu.
Robinhood Raises $2.4 Billion More From Shareholders
A total of $3.4 billion has been raised since last Thursday,
more than the company has raised in its entire prior existence.
Ford to Use Google's Android in Most Cars
The auto maker plans to introduce the operating system in all of
its models outside of China in 2023.
Facebook to Counter Apple Privacy Update With Its Own Prompt
The social-media company plans to show users a screen describing
the handling of their data to personalize ads.
New York Bank Fined For Anti-Money-Laundering Law Failures
Apple Bank for Savings will pay the FDIC $12.5 million for
allegedly failing to comply with the Bank Secrecy Act.
Golden Nugget Parent, Private-Jet Operator Wheels Up Join SPAC Frenzy
Both plan to go public through a combination with
special-purpose acquisition companies.
Emerson CEO Dave Farr to Retire
The manufacturer has named Lal Karsanbhai as chief executive.
Mr. Farr will remain chairman until May.
Activant Capital Plots Quick Fundraising Return With $400 Million Pitch
Activant Capital Group is pitching what would be the growth
investor's largest fund less than a year after the firm closed its
prior fund.
Salesforce CFO Hands Reins to Successor After More Than Six Years at Helm
Mark Hawkins helped lead the software company through a period
of relentless growth.
(END) Dow Jones Newswires
February 01, 2021 19:15 ET (00:15 GMT)
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