News Highlights: Top Company News of the Day
May 17 2021 - 11:15AM
Dow Jones News
Goldman Taps Uber Executive to Run Its Consumer Bank
Peeyush Nahar succeeds Omer Ismail, who left Goldman to run
Walmart's new fintech startup.
AT&T to Combine WarnerMedia Assets With Discovery
The deal would merge the telecom giant's media assets, including
CNN and HBO, into a new company, unwinding AT&T's big bet on
entertainment after less than three years.
Sanofi-GSK Covid-19 Vaccine Set for Large-Scale Trials After Positive Results
France's Sanofi and U.K.-based GlaxoSmithKline said their
vaccine candidate showed positive interim trial results and is
expected to move into large-scale human trials soon, putting the
long-delayed shot on track for potential regulatory approval later
this year.
Apollo Hires Craig Farr to Head Capital-Markets Business
Craig Farr is a veteran of Carlyle, KKR and Citigroup, and his
hiring signifies the firm's push to expand the array of companies
whose businesses it finances.
Apple Set to Call Tim Cook to Witness Stand to Fight Monopoly Claims
The iPhone maker's chief executive is set to argue the company's
case against Epic Games' antitrust claims.
Stonepeak and Charging Firm Nuvve Want to Electrify School Buses
The private-equity firm is forming a joint venture with a newly
public supplier of charging technology.
Bright Machines Going Public in $1.6 Billion SPAC Merger
The creator of a platform that uses artificial intelligence and
robotics to automate tasks in manufacturing is combining with the
SPAC SCVX.
Amazon Makes Push to Reduce Worker Injuries
The online retailer is rolling out safety videos, on-the-job
stretching exercises and staff meditation zones.
Quantum Energy Raises Over $1.6 Billion to Back Drillers
Quantum Energy Partners raised more than $1.6 billion for a fund
dedicated to helping energy companies develop their oil fields and
other assets.
JD Logistics Launches Up to $3.4 Billion Hong Kong IPO
The logistics arm of JD.com is looking to raise as much as $3.4
billion through an initial public offering, in the latest Hong Kong
listing linked to China's booming e-commerce market.
(END) Dow Jones Newswires
May 17, 2021 11:00 ET (15:00 GMT)
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