News Highlights: Top Company News of the Day
23 September 2021 - 3:15PM
Dow Jones News
Major Evergrande Shareholder Looks to Exit Company
One of China Evergrande Group's largest shareholders has pared
its stake in the debt-laden conglomerate and said it could exit the
company amid concerns about the developer's financial
condition.
Facebook's Chief Technology Officer to Step Down
Mike Schroepfer, after 13 years at the company and serving as
one of its top executives, is leaving the post to transition to a
part-time role.
California Governor Signs Bill Targeting Amazon Warehouse Quotas
A new California law will require Amazon and other companies to
disclose any quotas or workplace-productivity measures it applies
to workers in the state.
Blackstone's Service King Conserves Cash to Weather Traffic Slowdown
Blackstone's Service King has begun to skip cash interest
payments and tapped a line of credit as it faces the continued
effects of higher costs and a decline in U.S. driving during the
Covid-19 pandemic
FDA Clears Covid-19 Booster Shots From Pfizer for High-Risk People
The third dose of the vaccine was authorized for people who are
65 years or older or at high risk of severe Covid-19, including
from their jobs.
Elizabeth Holmes Trial: Jim Mattis Tells Jury He Came to Doubt Theranos Technology
The former defense secretary said he invested $85,000 in the
company and pressed the military to adopt its blood-testing
devices.
BlackBerry 2Q Results Beat Wall Street Projections
BlackBerry Ltd.'s stock rose nearly 10% to $10.48 in extended
trading, following better-than-expected second-quarter results.
Toast, Freshworks Make Strong Market Debuts
The companies are among more than a dozen expected to raise more
than $5 billion through IPOs this week.
SEC Asks Dozens of Companies for More Climate Disclosures
The agency has sent letters to dozens of public companies asking
them to provide more information to investors about how climate
change might affect their financial earnings or business
operations.
Facebook Says Apple's Privacy Changes Hurt Digital Ad Measurement
The social-media giant seeks to assure advertisers and suggests
its tools may undercount the effectiveness of campaigns.
(END) Dow Jones Newswires
September 23, 2021 01:00 ET (05:00 GMT)
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