News Highlights: Top Company News of the Day
April 19 2021 - 7:15AM
Dow Jones News
GameStop CEO George Sherman to Step Down by July 31
GameStop, which has retained a third-party firm to evaluate
executive leadership, said CEO George Sherman will step down by
July 31.
Elon Musk's Satellite Internet Project Is Too Risky, Rivals Say
Elon Musk's internet satellite venture has spawned an unlikely
alliance of competitors, regulators and experts who say the
billionaire is building a near-monopoly that is threatening space
safety and the environment.
Lithium Miners Ink $3 Billion Merger as Demand for Electric Vehicles Booms
Orocobre agreed to buy rival Australian miner Galaxy Resources
in an all-stock deal that would create one of the world's biggest
producers of lithium, a commodity used in batteries for electric
vehicles and other high-tech products.
Shell, Exxon Look to Profit From Capturing Customers' Carbon Emissions
Oil companies have for decades made money by extracting carbon
from the ground. Now they're trying to make money putting it
back.
Expedia CFO Plans a Bigger Marketing Budget
Expedia Group's finance chief plans to spend more on marketing
while keeping overall costs under control.
J&J Vaccine Pause Driven by Risk of Mistreating Clots
Officials decided behind the scenes that strong action was
needed to alert the public and doctors to unusual cases and their
nonstandard treatment.
BioNTech, Pfizer to Supply Additional 100 Mln Covid Vaccine Doses to EU
BioNTech and Pfizer said that they will supply the European
Union with an additional 100 million doses of their coronavirus
vaccine in 2021, after the European Commission opted to purchase
those doses as part of a previously signed agreement
Fatal Tesla Crash in Texas Believed to Be Driverless
Two men died after a Tesla vehicle that authorities believe was
operating without anyone in the driver's seat crashed into a tree
Saturday night north of Houston.
BP Aims to Stop Flaring Gas in America's Top Oil Field
The U.K. oil giant burns off more unwanted natural gas than its
peers in the Permian Basin, but it is now investing heavily to
phase out the controversial practice.
Danske Bank CEO Resigns Amid Dutch Probe Into Money Laundering at ABN AMRO
Danske Bank said that Chief Executive Officer Chris Vogelzang
has resigned after Dutch authorities named him a suspect in
connection with their investigation into potential violations
relating to the prevention of money laundering at ABN AMRO Bank
N.V.
(END) Dow Jones Newswires
April 19, 2021 07:00 ET (11:00 GMT)
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