News Highlights: Top Company News of the Day
25 June 2022 - 9:30AM
Dow Jones News
Appeals Court Delays FDA's Ban on Juul E-Cigarettes
Vaping company sought relief from FDA ban and has consulted with
restructuring lawyers on possible bankruptcy filing.
Zendesk Strikes $10.2 Billion Deal With Buyout Firms
The software company has closed an all-cash acquisition deal
with a group of buyout firms led by Hellman & Friedman LLC and
Permira.
NFL Courts Apple, Amazon to Give New Life to 'Sunday Ticket' Football
League is seeking a new media-rights deal for the subscription
package, which has suffered from cord-cutting and scheduling
changes.
Polestar Shares Rise in Electric-Vehicle Maker's Market Debut
The Swedish company aims to use the proceeds from its SPAC deal
to expand globally.
United Airlines Pilots Strike Tentative Contract Deal to Boost Pay
Leaders of United Airlines' pilots union signed off on a
tentative contract agreement that would raise pilots' pay by more
than 14% within 18 months.
FTC Orders Online Retailer CafePress to Improve Security After 2019 Hack
CafePress will pay a $500,000 fine as part of a settlement over
a 2019 hack that affected millions of customers' data
Used-Car Sellers Not Running Out of Gas Just Yet
CarMax is thriving despite sky-high used-car prices and
rock-bottom consumer sentiment.
Logistics Provider DB Schenker to Buy USA Truck
Global logistics provider DB Schenker is moving to bolster its
reach in North American freight markets with the acquisition of
truckload carrier USA Truck for about $285 million, excluding
debt.
Crypto Exchange FTX in Talks to Acquire BlockFi Stake
Sam Bankman-Fried's crypto exchange is in talks to acquire a
stake in BlockFi, a crypto lender that FTX gave a $250 million
credit line this week.
Carnival Stock Surges as Second-Quarter Revenue Rises Sharply
Revenue in the second quarter of $2.4 billion rose nearly 50%
from the first quarter of 2022.
(END) Dow Jones Newswires
June 24, 2022 19:15 ET (23:15 GMT)
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