Pershing Square Holds Nearly 6% of Domino's Pizza, Ackman Tells WSJ

The billionaire investor shared the development at The Wall Street Journal's Future of Everything Festival.

 
Insurance Brokers Sell Assets to Win Approval for $35 Billion Merger

Aon and Willis Towers Watson agreed to sell a package of assets to a smaller rival in an effort to win antitrust approval for their tie-up to create the world's largest insurance broker.

 
Amazon Wins Appeal Over $300 Million EU Tax Bill

The European Union's second-highest court sided with Amazon over a $300 million tax bill, dealing a new blow to the bloc's efforts to wring more tax from big tech companies.

 
Hertz Shareholder Payout Set to Swell On Winning Bankruptcy Bid

Knighthead Capital Management and Certares Management emerged as winners in a bidding war that drove up the rental car company's value.

 
U.S. Asks Mexico to Probe Alleged Union Vote Tampering at GM Plant

The move is the first use of a new labor-rule enforcement tool under the U.S.-Mexico-Canada Agreement.

 
Delta's CEO Bets on Business Travel: Higher Prices for Better Service

Ed Bastian makes his predictions for how the airline industry will recover from one of its toughest stretches ever.

 
Tencent's Biggest Shareholder Looks to Fix Valuation Snag

Naspers is taking another swipe at bridging a $100 billion valuation gap between its market capitalization and the value of its stake in Tencent, long a headache for its investors.

 
CDC Panel to Consider Covid-19 Vaccine for 12-to-15-Year-Olds

A federal advisory panel is scheduled to meet to decide whether to recommend adolescents receive the Covid-19 vaccine from Pfizer and BioNTech.

 
Tesla's April Sales From China Were Mostly Exports

The electric-vehicle maker exported most of the cars produced at its Shanghai factory in April, raising questions about the strength of demand for its vehicles in China.

 
BlackRock Gets Approval to Start Wealth Management Business in China

BlackRock Inc. has gotten the go-ahead from Chinese regulators to start a wealth management business in the country, joining a host of international financial institutions expanding into China's fast-growing financial market.

(END) Dow Jones Newswires

May 12, 2021 11:15 ET (15:15 GMT)

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