News Highlights: Top Company News of the Day
June 21 2021 - 3:16PM
Dow Jones News
As U.S. Cruises Resume, Operators Outfit Ships With Contact-Tracing Tech
Ships will soon be returning to sea after more than a yearlong
suspension. Cruise companies are using apps, wearable devices and
AI as well as repurposing existing systems to keep passengers
safe.
Work Flexibility, Popular With Employees, Is Hardly a Holy Grail
Surveys show many Americans aren't eager to return to the
office, but companies have more to consider than just their
feelings.
Netflix Strikes Deal With Filmmaker Steven Spielberg
Spielberg's production company Amblin Partners will make new
films for Netflix over the course of a multiyear agreement.
Meatpacking Industry Faces Overhaul Push in Washington
The push by lawmakers and regulators follows complaints about
meat companies' alleged influence over markets and farmers.
J.P. Morgan Asset Management Acquires Timberland Investment Firm
The money manager wants to become a major player in forest
carbon markets.
Supreme Court Orders More Proceedings in Goldman Suit
At issue was a 2011 investor lawsuit that alleged the Wall
Street bank artificially inflated its share price before, during
and after the 2007-09 financial crisis.
Lordstown Motors Executives Sold Stock Ahead of Reporting Results
A board special committee of the electric-truck startup
concluded the share sales "were made for reasons unrelated to the
performance of the company."
Moderna Plans to Expand Production for Covid-19 Vaccine Boosters
A manufacturing expansion shows that Moderna is making a big bet
on an enduring Covid-19 vaccine business, as health authorities
prepare for life after the pandemic lifts but the coronavirus and
its variants remain.
This Big Tech Stock Is Always on Sale
Tencent's anchor shareholder Prosus has revealed the value of
its $39 billion portfolio of startups-and the full extent of its
discount problem.
Universal Isn't the Only Track on Investors' Vivendi Playlist
Activist hedge funds face a potential tax bill when the world's
biggest record label is demerged from its French owner. But there
are other ways to profit.
(END) Dow Jones Newswires
June 21, 2021 15:15 ET (19:15 GMT)
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