News Highlights: Top Company News of the Day
April 13 2021 - 1:30AM
Dow Jones News
GameStop Working to Replace CEO George Sherman
Such a change by the retailer would bring a near complete
turnover in its C-suite, with many new faces with ties to Chewy
added to the board.
Nvidia Plans New Chip to Compete With Intel
The graphics-chip giant said its first processor for data
centers would operate 10 times faster than existing chips in a
market currently dominated by Intel.
Jack Ma's Ant Group Bows to Beijing With Company Overhaul
Ant Group, the financial-technology giant controlled by
billionaire Jack Ma, will apply to become a financial holding
company overseen by China's central bank.
Blackstone Pins Crown Deal on Casino Licenses Not Being Canceled
U.S. investment firm Blackstone Group, which last month offered
to acquire troubled Australian casino operator Crown Resorts, has
made the deal contingent on Crown's casino licenses not being
canceled by gaming regulators, Crown said.
Air Canada, Canadian Government Reach Financing Deal
Air Canada and the Canadian government struck a deal in which
the Canadian airline will get access to billions in financing.
Antios Therapeutics Takes Aim at Hepatitis B With $96 Million Financing
Biotechnology startup Antios Therapeutics has secured $96
million in venture capital to fund its quest to effectively cure
people with chronic hepatitis B infections.
Microsoft to Buy Speech-Recognition Firm Nuance
The $16 billion deal is one of Microsoft's biggest under CEO
Satya Nadella as the company looks to expand its software
offerings, including for healthcare.
U.K. to Examine Former Prime Minister Cameron's Greensill Role
The U.K. announced an independent review into contracts it
handed Greensill Capital and the role former Prime Minister David
Cameron played in lobbying on the financing company's behalf just
months before its collapse.
Uber Posts Record Demand for March
Bookings for the entire business, which includes rides and food
delivery, rose to the highest monthly level in Uber's history as
Covid-19 vaccinations increased.
Great Value Storage Files for Chapter 11 to Block Foreclosure
Company lost a bid last month to stop the sale of properties it
said were damaged in the February storm in Texas and would be
undervalued in a sale. More than half the company's properties are
in Texas.
(END) Dow Jones Newswires
April 13, 2021 01:15 ET (05:15 GMT)
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