News Highlights: Top Company News of the Day
January 28 2021 - 3:30AM
Dow Jones News
Pfizer Vaccine Works Against Mutations Found in U.K, South Africa Strains, Study Finds
The findings, while preliminary and not peer reviewed, are the
latest to suggest that Covid-19 vaccines can protect against the
variants.
SAP CEO Shares New Plans to Boost Cloud Adoption
SAP Chief Executive Christian Klein says the enterprise-software
giant is redoubling its efforts to move customers to the cloud,
offering a new subscription service aimed at helping companies get
more value out of making the switch.
Rio Tinto Unveils New Executive Team
Rio Tinto elevated an executive experienced in negotiating with
Chinese buyers to run its iron-ore business at a time of heightened
tensions between Canberra and Beijing, in a shuffle of the miner's
top team under new CEO .
European Regulator Distances Itself From FAA on Boeing's 737 Max
Boeing Co. and some of its airline customers got an immediate
boost from Wednesday's ungrounding of 737 MAX jets across Europe,
but the move also portends more-stringent safety reviews of future
U.S. aircraft by the region's aviation regulator.
Apple to Roll Out Privacy Measures Despite Facebook Objections
The update to Apple's mobile operating system would make it so
that companies would no longer be able to collect a person's
advertising identifier without permission.
Samsung Profit Gets Lift From Pandemic
The South Korean tech giant is contending with its de facto
leader Lee Jae-yong being back behind bars. And its rivals, for
handsets and semiconductors, are consolidating and getting
larger.
American Financial to Sell Annuity Business to MassMutual for $3.5 Billion
American Financial said the transaction will mark its exit from
the fixed and indexed annuity market.
Las Vegas Sands Will Abide by Founder Sheldon Adelson's Vision
The global casino operator's new chief executive, Rob Goldstein,
says investments in Asia and expansion in the U.S. are next.
Apple's iPhone 12 Helped Deliver a Record $111.4 Billion Quarter
Apple finished 2020 with its most profitable quarter ever,
fueled by an uptick in higher-end iPhone sales and a
pandemic-induced surge in demand for its laptops and tablets.
Stock-Market Frenzy Offers Some CFOs a Chance to Cash In
Some finance chiefs may hold off, as it takes time to prepare an
equity sale, and businesses risk raising the ire of regulators if
the share price crashes after a fundraising round.
(END) Dow Jones Newswires
January 28, 2021 03:15 ET (08:15 GMT)
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