News Highlights: Top Company News of the Day
April 14 2021 - 1:30PM
Dow Jones News
Bed Bath & Beyond's Improvement Project Is Far From Finished
The selloff in Bed Bath & Beyond looks overdone considering
its unsurprising results, but the retailer still has a way to go to
win back confidence.
Wall Street Banks Do More With Less
Banks such as JPMorgan Chase and Goldman Sachs are producing
huge returns in their Wall Street arms, suggesting that perhaps
investors are undervaluing that part of their business
Kohl's to Add Directors in Deal With Activist Investors
Three retail veterans will join the board of the department
store chain, which has contended with an activist campaign since
earlier this year.
J&J Covid-19 Vaccine Pause Poses Another Test for Balancing Pandemic Risks
The pause that regulators have recommended in the rollout of
Johnson & Johnson's Covid-19 vaccine may leave some people
exposed to the virus for longer, but it could also boost public
confidence in vaccination.
How Amazon Strong-Arms Partners Using Its Power Across Multiple Businesses
A heavyweight in retail, cloud computing, digital advertising,
streaming and smart speakers, the tech giant compels vendors in one
market to engage with it in others. "Most businesses can't afford
to say no."
American Airlines Plans Expanded Summer Flying Schedule
The carrier is anticipating that widespread vaccination will
unleash appetite for travel.
Analysis: Tod's Breaks New Ground With Influencer Director
The appointment to the board of Chiara Ferragni has led to a
share rally, and shows the growing importance of such figures in
luxury.
EU Orders Extra Pfizer Vaccines Amid J&J Suspension
The European Union, grappling with the potential loss of Johnson
& Johnson Covid-19 vaccines, will buy an additional 50 million
doses from BioNTech and Pfizer for the quarter, and is in talks to
purchase up to 1.8 billion more doses over the next two years.
Hundreds of Companies, CEOs Band Together On Voting Access
Amazon, Netflix and others signed a new statement to defend
voting access, in the latest corporate response to a wave of voting
bills under consideration across the U.S.
Luxury Brands Are Helped By a Lack of Other Spending Options
For an industry traditionally dependent on tourism and consumer
optimism, many luxury brands have done surprisingly well during the
pandemic. A caveat is that shoppers will soon have more choice
about where to spend their cash.
(END) Dow Jones Newswires
April 14, 2021 13:15 ET (17:15 GMT)
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