News Highlights: Top Company News of the Day
April 20 2021 - 9:30PM
Dow Jones News
Foxconn Shrinks Plans for Wisconsin Plant
The contract electronics maker signed a new deal with the state
to invest as much as $672 million, instead of up to $10
billion.
Purdue's Sackler Family Owners Worth $11 Billion, Documents Show
Summaries of the family wealth, turned over to Rep. Carolyn
Maloney (D., N.Y.), also were seen by Purdue's creditors during
settlement talks, according to representatives for the two branches
of the company's family owners.
Apple's iPad and Mac Moment Should Linger
The company's tablet and PC sales got a strong boost from the
Covid-19 pandemic. Changes in work habits should keep demand
elevated.
Meatpacker JBS USA Hires New Chief Legal Officer
Beef and pork giant JBS USA Holdings has hired a former U.S.
antitrust enforcer as its new chief legal officer, as the U.S. meat
industry faces antitrust scrutiny.
Simon & Schuster Says Pence Book to Proceed, Despite Employee Petitions
"We come to work each day to publish, not cancel," CEO Jonathan
Karp said in a letter to staffers.
Tribune Publishing Sets Date for Shareholder Vote on Alden Bid
The May 21 deadline narrows the window for competing bidder
Stewart Bainum Jr. to firm up financing.
BHP Raises Fiscal Copper Guidance, Iron-Ore Output Falls
BHP Group Ltd. said it would likely produce more copper than
expected this fiscal year but less coal, as it reported a 4% fall
in third-quarter iron-ore output because of bad weather and
maintenance.
Regulator Bars Former Goldman Analyst for Insider Trading
Finra says Brian Maguire bought shares in two companies after
finding out about another analyst's upgrade.
SNC-Lavalin Says World Bank Lifts Sanctions Imposed in 2013
SNC-Lavalin Group Inc. said Tuesday the World Bank Group has
granted an early lifting of all sanctions imposed in 2013 against
the Canadian engineering company.
J&J's Covid-19 Vaccine Adds $100 Million to Quarterly Sales
In February the vaccine became the third shot to win
emergency-use authorization from the FDA, but it is now on pause
amid safety concerns.
(END) Dow Jones Newswires
April 20, 2021 21:15 ET (01:15 GMT)
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