News Highlights: Top Company News of the Day
September 23 2020 - 11:30AM
Dow Jones News
Pilgrim's Pride CEO Jayson Penn Leaves Company
Pilgrim's Pride said its president and chief executive, who was
put on leave after being indicted in June, has exited the
company.
Nikola's Talks With Energy Firms Stalled Following Short-Seller Report
The electric-truck maker has held talks with BP and other energy
firms in hopes of striking a deal on hydrogen-refueling stations.
Short seller Hindenburg Research alleged in a report that Nikola
has misled investors.
DOJ to Seek Curbs on Immunity for Internet Companies
The Justice Department will submit a proposal to Congress to
curb longstanding legal protections for internet companies like
Facebook, Alphabet's Google and Twitter, a senior department
official said.
General Mills Aims to Protect Coronavirus Sales Boost
Grocery sales are moderating, prompting food makers to make
marketing and operational changes.
Child-Care Benefits May Be The Human-Capital Litmus Test for Companies - ESG Insight
The coronavirus pandemic has created a burden for parents with
school-aged children and a new challenge for employers.
Johnson & Johnson Begins Final-Stage Testing of Covid-19 Vaccine
J&J said it could learn pivotal results from its coronavirus
vaccine trial by early next year, which if positive could lead to
government authorization of the shot for emergency use soon
afterward.
Uncle Ben's Changes Brand Rooted in Racist Imagery
Mars is changing the name of Uncle Ben's rice to Ben's Original
and dropping the image of a bow-tied Black man from its
packaging.
Volkswagen Trucking Business Invests in Self-Driving Truck Developer TuSimple
Volkswagen unit Traton Group will work with TuSimple to develop
self-driving trucks and take a stake in the technology company as
part of their agreement.
Stitch Fix Is Nearing the End of Its Vertical Runway
Stitch Fix's results were clearly not the showstopper Wall
Street had hoped for.
Bank of East Asia Plans Sale of Life Insurance Business
Bank of East Asia plans to sell its life insurance business as
part of its strategic review to enhance the bank's financial
position and focus on its core business in Hong Kong and China.
(END) Dow Jones Newswires
September 23, 2020 11:15 ET (15:15 GMT)
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