News Highlights: Top Company News of the Day
April 19 2021 - 11:30AM
Dow Jones News
Nvidia's $40 Billion Deal to Buy Arm Under U.K. National Security Investigation
The British government said it would probe Nvidia's $40 billion
deal to buy British chip designer Arm from SoftBank, adding new
regulatory scrutiny to the proposed deal.
Union Appeals Amazon Election in Alabama
A union is seeking a new election after employees of an Alabama
warehouse voted not to unionize and says the company violated legal
restrictions throughout the election. Amazon said it followed all
laws.
Coca-Cola Sales Rebound as Vaccine Rollout Expands
The beverage company said demand steadily improved in the first
quarter of this year, and in March sales volume reached the same
level it stood in March 2019.
Harley-Davidson Hit With EU Tariff Ruling, Plans Appeal
Harley-Davidson has been hit with a European Union import ruling
that the motorcycle maker says would impose a massive tariff
increase on its products and keep it from functioning competitively
in Europe.
GameStop CEO George Sherman to Step Down by July 31
The videogame retailer's leadership team has undergone a series
of changes since Chewy co-founder Ryan Cohen joined the board.
Omnicom to Acquire Majority Stake in Digital Marketing Company Areteans
The acquisition of Hyderabad, India-based Areteans, which
employs 600 people, will expand Omnicom's data and digital
consulting unit Credera.
China's Meituan Seeks $10 Billion War Chest for Drones and Driverless Cars
The company also unveiled a new generation of self-driving
delivery cars that it said were smarter and safer than previous
versions.
Anti-Money-Laundering Prosecution Deals Setbacks to European Banks
Failures to police money laundering procedures hit two major
banks in Europe, dealing a further setback to a region that has
struggled to stop financial institutions from serving as conduits
for illicit transactions.
MyPillow Sues to Counter Dominion Voting Systems' Defamation Claims
Dominion sued the bedding company and its Trump-supporting chief
executive, Mike Lindell, in February for defamation over
election-fraud claims.
Whitehorse Closes Fourth Secondary Fund at $4 Billion
Secondary investor Whitehorse Liquidity Partners has collected
$4 billion for its fourth fund, blowing past its target of $3
billion.
(END) Dow Jones Newswires
April 19, 2021 11:15 ET (15:15 GMT)
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