News Highlights: Top Company News of the Day
September 23 2020 - 1:30PM
Dow Jones News
Chinese State Media Signal Beijing's Disdain for TikTok Deal
Chinese denouncements of a plan to turn TikTok into a U.S.-based
company increased doubts about China's approval of a deal that
would see the app join with Oracle and Walmart.
Volkswagen Takes Aim at Tesla With Electric ID.4 SUV
Volkswagen on Wednesday took the wraps off its ID.4 all-electric
sport utility vehicle in a bid by the world's largest car maker to
challenge Tesla and re-energize a problem-ridden electric vehicle
strategy.
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 submitted a proposal to Congress to curb
longstanding legal protections for internet companies like
Facebook, Alphabet's Google and Twitter.
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.
Woodward's Trump Book Sells 600,000 Copies in First Week
'Rage,' in which journalist Bob Woodward revealed the president
understood the dangers of Covid-19 while minimizing them publicly,
sold fewer than two other recent high-profile titles about the
Trump administration.
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.
(END) Dow Jones Newswires
September 23, 2020 13:15 ET (17:15 GMT)
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