News Highlights: Top Company News of the Day
May 10 2021 - 3:15PM
Dow Jones News
Tyson Adds Workers, Breeds Bigger Flocks as Chicken Demand Soars
Understaffed processing lines and problems on farms and
hatcheries have cut into the biggest U.S. chicken producer's output
as it looks to keep pace with rising demand from reopened
restaurants.
Unions Say Mexican Auto-Parts Maker Is Violating Trade Deal
The complaint would be the first case that seeks to use a new
labor-dispute provision of the USMCA trade agreement signed into
law last year by former President Donald Trump with bipartisan
backing.
Trial Begins for Lawyer Who Sued Chevron Over Ecuador Pollution
Steven Donziger faces criminal contempt charges for allegedly
refusing to obey a federal judge who found he acted corruptly in
Ecuador.
Facebook Urged to End Instagram for Children Plan by Attorneys General
Attorneys general from 44 states and territories urged Facebook
to abandon plans to launch a version of Instagram for children,
citing concerns about social media's effects on young people.
Marriott Points to Rising Demand Amid Vaccine Rollout
The hotel chain posted a quarterly loss of $11 million, though
it saw demand in leisure travel pick up momentum, especially in ski
and beach resort destinations.
BioNTech's Vaccine Success Sparks Investments in German Biotech
After the company partnered with Pfizer on a vaccine, investors
last year poured $3.7 billion into a sector that has struggled to
raise funding in recent years.
Vice Media Targets Valuation of Nearly $3 Billion in Proposed SPAC Deal
Company investors-including Disney, A&E Networks and
TPG-would remain shareholders under the proposed structure.
Colorado Drillers to Combine, as Consolidation Continues in Oil Patch
Bonanza Creek Energy and Extraction Oil & Gas are the latest
to tie up, creating a $2.3 billion company.
Food-Delivery Platforms Serve Up Empty Calories
Tiered commissions may be more of a deal for delivery platforms
than the restaurants they serve.
T-Mobile's Hiring Pledge Gets Off to Slow Start
T-Mobile said in 2019 that its merger with wireless rival Sprint
would be "jobs-positive from Day One," but more than a year into
that marriage, the combined company has fewer people working for it
than before.
(END) Dow Jones Newswires
May 10, 2021 15:00 ET (19:00 GMT)
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