News Highlights: Top Company News of the Day
September 30 2020 - 05:15PM
Dow Jones News
Justice Department Opens Ventilator Antitrust Probe Focused on Medtronic
Investigators are reviewing whether the device maker's
acquisitions limited competition in ventilator manufacturing,
according to people familiar with the matter, following complaints
about machine shortages during the pandemic.
Offshore Online Gambling Site Seeks to Become Legal U.S. Operator
A Costa Rica-based online sportsbook 5Dimes, which illegally
took bets from Americans for years, reached a nonprosecution
agreement with federal prosecutors as it tries to move into the
legal sports-betting market.
Oil Giant Total Pledges Renewable Power Push
Total SA pledged to ramp up its spending on renewable energy and
reduce its dependence on petroleum, the latest move by a major oil
company toward cleaner power.
CDC Expected to Extend Cruising Ban to Oct. 31
The Centers for Disease Control and Prevention is expected to
extend its ban on cruise sailings in the U.S. by a month, to Oct.
31, matching industry plans to restart a business that has been
largely suspended by the coronavirus pandemic.
Facebook Links Instagram and Messenger
The social-media company plans to integrate the messaging
services of its Messenger and Instagram apps, allowing users of two
of its largest platforms to communicate more easily.
Palantir Grabs $21 Billion Valuation With Direct Listing
Data-firm Palantir and Asana were the first two major companies
to do a direct listing since Slack and Spotify.
Disney's Parks Can't Stand on Pandemic's Middle Ground
Layoffs at Disney are the latest indication that real recovery
is unlikely before a Covid-19 vaccine.
Thousands of Airline Jobs Hang in the Balance as Lawmakers Debate Aid
Roughly 30,000 airline employees could be furloughed Thursday if
more federal aid to the industry isn't forthcoming.
Google Makes Concessions in Effort to Buy Fitbit
The Alphabet unit's new concessions to competitors are aimed at
helping get European approval for its $2.1 billion purchase of the
health tracker.
Singapore Shuts Wirecard Payments Operation
Singapore's central bank ordered Wirecard AG to shut its local
payment network and return customer funds, the latest step in the
dismantling of the former fintech star following alleged
multibillion-dollar fraud.
(END) Dow Jones Newswires
September 30, 2020 17:00 ET (21:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.