NBCUniversal Hires Nielsen Executive to Expand Its Measurement Work

The media giant named Kelly Abcarian to be executive vice president of measurement and impact.

 
Energy Giants Ditch Oil and Coal Assets. Smaller Rivals Want Them.

BP, Rio Tinto and others are selling the projects for financial and environmental reasons, in a possible boon for those companies that want to double down on fossil fuels.

 
Tesla Apologizes for Its Handling of China Customer After Outcry

The car maker's public apology follows criticism from Communist Party body that the company is arrogant and sells defective products.

 
Ericsson Beats Views as 5G Sales Offset Lower Royalties

Ericsson posted above-forecast first-quarter profits as growing sales of its 5G network gear offset lower intellectual property royalties due to a previously announced patent lawsuit with Samsung.

 
ASML Raises Guidance as First-Quarter Profit Soars

ASML said it expects revenue growth towards 30% in 2021, an upgrade on previous guidance, after the chip maker posted strong first-quarter results.

 
Roche Sales Miss Forecasts, But Backs Outlook

Roche reported first quarter sales of $16.30 billion, slightly below forecasts, but confirmed its outlook for the year.

 
Netflix Will Need Some Post-Summer Blockbusters

A weak outlook for subscriber growth means the streaming giant will need a big fall season.

 
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.

 
BHP Lifts Copper Guidance, Iron-Ore Output Falls

BHP Group 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.

(END) Dow Jones Newswires

April 21, 2021 07:15 ET (11:15 GMT)

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