Starboard Takes Elanco Stake, Nominates Three to Its Board

Activist investor Starboard has taken a stake in Elanco Animal Health and nominated three directors to the company's board, according to people familiar with the matter.

 
Jeep-Owner Stellantis Is Open to Dropping Cherokee Name

CEO Carlos Tavares said the auto company is holding talks with the Cherokee Nation over use of the Native American tribe's name in Jeep's line of vehicles.

 
FedEx Delivery Delays Stretch for Weeks After Storms Hit Memphis Hub

Customers gripe, but the company says it is adding shifts and expects service to return to normal by the end of the week.

 
Starbucks, Target Among Companies to Still Mandate Masks in Texas Despite Lift on Covid-19 Restrictions

Some of the biggest U.S. retail, theater, hotel and restaurant chains said they will continue mandating masks and limiting capacity in Texas after the state drops Covid-related restrictions next week.

 
Shares of Joshua Kushner's Oscar Health Fall in Debut

The New York-based health insurer's stock made its debut at $36, compared with its initial public offering price of $39 a share

 
Google to Stop Selling Ads Based on Web Browsing

The Alphabet company said that it plans next year to stop using or investing in tracking technologies that uniquely identify web users as they move from site to site across the internet.

 
Parler Files New Lawsuit Against Amazon

The social-media platform popular among conservatives and other right-wing users is continuing its dispute with the tech giant, which cut services to Parler after the Jan. 6 Capitol riot.

 
Exxon, Once A Skeptic, Sees Profit in Capturing Carbon Emissions

Exxon Mobil says the time has come to turn capturing carbon emissions into a real business, as it faces pressure from activists to become a greener company.

 
Michaels to Go Private in Apollo Deal

Apollo Global Management's offer values the arts-and-crafts retailer at $3.3 billion.

 
Rocket Stock Is the New Meme Trade. Move Over, GameStop.

The parent company of Quicken Loans surged 71% Tuesday, as investors on Reddit's WallStreetBets tout the heavily shorted stock.

(END) Dow Jones Newswires

March 03, 2021 15:00 ET (20:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.