S&P Global Agrees to Buy IHS Markit

S&P Global has agreed to acquire IHS Markit for about $44 billion in a deal that would combine two of Wall Street's largest data providers.

 
Credit Suisse Spied on More Employees Than Previously Disclosed

Lawyers hired by Credit Suisse in the aftermath of a spying scandal last year found two earlier instances of employees being followed by private investigators, despite the bank's assertions that it doesn't condone physical surveillance.

 
Airbnb, DoorDash Aim for Higher-Than-Expected Valuations

Airbnb is planning to target a range of around $30 billion to $33 billion when the home-rental startup kicks off its investor roadshow. DoorDash, meanwhile, plans to target a range of around $25 billion to $28 billion.

 
GM's Closed Lordstown Factory Spawns a Wave of Industrial Migrants

The car maker's Lordstown plant was once a symbol of economic might. It's now a symbol of the economic struggles of those in factory jobs, with many of its former workers leaving their families behind in Ohio in search of good pay and benefits in other states.

 
Tesla's S&P 500 Debut Is Set to Put $100 Billion in Motion

The addition of a $555 billion company prone to huge price swings is so daunting that S&P is considering adding Tesla's weight over two separate trading days.

 
Grocery-Store Pharmacies Get Ready to Administer Covid-19 Vaccines

Grocers say they are well-positioned to provide Covid-19 immunizations because a large share of the population lives near one of their stores and their pharmacies regularly offer shots for flu, shingles and other illnesses.

 
Qantas to Outsource Ground Handling, Cut 2,000 More Jobs

Australia's biggest airline, Qantas Airways Ltd., said it will outsource its ground-handling operations at 10 airports, leading to another 2,000 job cuts.

 
JD Health IPO to Close Book For International Offer Early

JD Health International Inc., an online health-care business controlled by Chinese online retailing giant JD.com Inc., plans to close the book for its international offer on Monday, a day ahead of schedule.

 
China's Sour Grapes Spell Trouble for Australian Wine

Australian wine is the latest commodity in Beijing's crosshairs, leaving companies like Treasury Wines with few palatable options.

 
House to Vote on Booting Chinese Stocks From U.S. Over Audit Rules

Lawmakers next week are likely to force Chinese companies with shares traded on American exchanges to finally comply with audit-oversight rules-or leave U.S. markets altogether.

(END) Dow Jones Newswires

November 30, 2020 07:15 ET (12:15 GMT)

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