News Highlights: Top Company News of the Day
May 06 2021 - 1:15PM
Dow Jones News
NBCUniversal Explores Streaming Its Sports Channels or Selling Them Off
Media giant has weighed options for its regional sports channels
as the company tries to figure out a future for a business under
increasing pressure.
Sports-Media Outlet the Athletic Shifts Its Search for Merger Partner
The publisher is no longer in merger talks with Axios, people
familiar with the matter said, but the Athletic is continuing to
pursue a deal and sees the New York Times as a top contender for a
tie-up.
Moderna Turns First Profit, Boosted by Its Covid-19 Vaccine
The vaccine brought Moderna revenue of $1.73 billion in the
first quarter, but the prospect of a temporary loss of vaccine
patents clouds investors' outlook.
Barbie Maker Mattel Tackles Playtime in a Post-Pandemic World
CEO Ynon Kreiz on the future of screen time, values in the toy
aisle and the continuing evolution of the famous doll.
Pfizer, BioNTech to Donate Covid Vaccines to Tokyo Olympics Athletes
Participants in the Tokyo Olympics and Paralympics will have
access to donated doses of Pfizer Inc. and BioNTech SE's Covid-19
vaccines, the International Olympic Committee said.
VW Has the Profit to Take On Tesla. Does It Have the Talent?
The German giant reported solid first-quarter results, but they
say little about the nascent electric-vehicle business investors
care most about.
BlackRock at Odds With Warren Buffett's Berkshire Hathaway
BlackRock's support of two shareholder-led proposals highlight
the growing tension between asset managers who are calling for
companies like Berkshire Hathaway to further emphasize ESG issues
and executives such as Warren Buffett who are pushing back.
Ant Looks to Revamp a Controversial Business Without Sparking an Outcry
Ant Group, which has pledged to get all its financial services
fully regulated, is exploring ways to revamp its popular
"mutual-aid" product.
Bud Brewer Taps U.S. Chief as New CEO
Anheuser-Busch InBev appointed the head of its North American
business as its new chief executive, tapping a company veteran to
reinvigorate sales growth and lead it out of the pandemic.
Societe Generale Strong Trading Powers First-Quarter Beat
Societe Generale said it expected bad-loan provisions for the
year to fall significantly after it beat expectations in the first
quarter, as its global markets business had the best quarter in
years and the bank slashed the money it stowed away for potential
loan losses.
(END) Dow Jones Newswires
May 06, 2021 13:00 ET (17:00 GMT)
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