News Highlights: Top Company News of the Day
February 26 2021 - 5:30PM
Dow Jones News
Robinhood in Talks to Settle Probes Into Trading Practices, Outages
The stock-trading app may pay a fine as it deals with
investigations into its handling of options trades and outages it
suffered in March 2020.
J&J Covid-19 Vaccine Is Effective Across Demographic Groups, FDA Scientists Say
Johnson & Johnson's single-dose Covid-19 vaccine was
effective "across demographic subgroups" in a late-stage study, FDA
scientists told a panel of medical specialists meeting to evaluate
the shot.
United Airlines to Pay $49 Million to Resolve Mail-Related Charges
The Justice Department had accused the carrier of submitting
false data showing it delivered mail in a timely manner.
Cinemark Shines Without the Drama
Move-theater chain Cinemark has been overshadowed by the
attention investors have focused on competitor AMC Entertainment,
but Cinemark's comparatively boring show might be more worth tuning
in to.
Investors Await Warren Buffett's Annual Letter
Berkshire Hathaway's chairman is set Saturday to provide
insights into the state of the U.S. economy and markets amid the
pandemic.
Birkenstock, Once a Fashion Faux Pas, Snapped Up by LVMH's Arnault
The deal is a sign of how far the luxury world has come around
to the German sandal maker.
Nikola Internal Review Confirms Some of Short Seller's Claims
Nikola said that a video of its electric truck in motion gave a
misleading impression it was drivable and that its founder had made
several inaccurate statements.
MoneyGram's Decision to Halt Ripple Partnership Leaves CFO With Earnings Hole
The Dallas-based money-transfer company this week said it
suspended its partnership with Ripple in December after securities
regulators sued Ripple for violating investor protection laws.
Netflix to Spend $100 Million to Help Underrepresented Communities in Entertainment
Netflix is creating a $100 million global fund aimed at
increasing outreach to underrepresented communities looking to work
in entertainment.
Airbnb Can Settle Into a Post-Pandemic Market
Against all odds, Airbnb might be a relatively safe place to
rest both your family and your money in 2021.
(END) Dow Jones Newswires
February 26, 2021 17:15 ET (22:15 GMT)
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