News Highlights: Top Company News of the Day
June 17 2021 - 11:15PM
Dow Jones News
China Steps Up Antitrust Pressure on Internet Firms
Government agents have made on-site inspections, during which
they questioned company executives, downloaded financial records
and collected internal communications.
Supreme Court Rules Cargill, Nestle Can't Be Sued in Child-Labor Case
The high court decision by Justice Clarence Thomas said the
plaintiffs were impermissibly seeking to apply the Alien Tort
Statute beyond U.S. borders.
Kroger's Cart Overfloweth
The supermarket giant had a strong quarter and still has room to
improve as normalcy returns.
CureVac Value Halves in Reminder of Vaccine Research Risks
Plunge in share price comes after company released disappointing
interim trial results for its Covid-19 vaccine.
Canada Vaccine Panel Recommends Against AstraZeneca for Second Dose
A Canadian vaccine panel said that people who received a first
dose of AstraZeneca's vaccine against Covid-19 should get a
different vaccine for their second dose.
JPMorgan Buys Nutmeg to Bolster Digital Banking Push in U.K.
The U.S. lender is entering a crowded digital banking
marketplace in the U.K., having agreed to purchase digital wealth
manager Nutmeg.
Danaher to Buy Aldevron From EQT for About $9.6 Billion in Cash
Stockholm-based EQT in 2019 acquired a majority stake in
Aldevron from fellow private-equity firm TA Associates, which
retained a minority interest
Adobe stock heads toward fresh record highs after earnings
Adobe Inc. said Thursday that it had an "outstanding" second
quarter on the strength of its cloud products in what CEO Shantanu
Narayen calls "a digital-first world."
Rio Tinto Makes Its Interim Finance Chief Permanent
Mining company Rio Tinto named Peter Cunningham as chief
financial officer, making permanent a role the company veteran has
held on an interim basis since Jan 1.
Altium Will Continue to Engage With Suitor Autodesk on Value
Altium Ltd. Chairman Sam Weiss said the software firm will
continue to engage with Autodesk Inc. following its rejection of
the Nasdaq-listed firm's takeover proposal on valuation
grounds.
(END) Dow Jones Newswires
June 17, 2021 23:15 ET (03:15 GMT)
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