News Highlights: Top Company News of the Day
June 22 2021 - 7:25AM
Dow Jones News
Vivendi Shareholders Approve Spinoff of Universal Music
The vote brings the world's largest music company a step closer
to becoming its own public entity.
Google Faces EU Antitrust Probe of Alleged Ad-Tech Abuses
The European Union opened a formal antitrust investigation into
allegations that Google abuses its leading role in the
advertising-technology sector, the most wide-ranging case yet to
look at that pillar of the tech giant's business.
Amazon Could Use Less Prime Time
Prime Day showcases all the strengths that have put Amazon under
intense scrutiny.
Chewy CFO Says Broader Product Range Bearing Fruit in Higher Earnings
Mario Marte said pet retailer could post first net profit this
year; Chewy recently started offering fresh food, automatic
prescription orders.
JPMorgan Invests in Mortgage Clearinghouse
JPMorgan has contributed additional venture capital funding to
Maxex, a growing digital exchange for residential mortgages.
Resorts World to Open in Las Vegas
The first new megacasino on the Strip in more than a decade, the
$4.3 billion Resorts World, opens here this week as throngs of
mostly maskless tourists indulge in the city's famous casinos once
again.
ABN Amro Sets Up $506 Million Impact Investment Fund
The ABN Amro Sustainable Impact Fund will invest in early- and
growth-stage businesses focused on energy transition, social impact
and renewables.
Sanderson Farms Explores Sale
The chicken producer has attracted interest from suitors
including agricultural investment firm Continental Grain.
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.
Netflix Strikes Deal With Filmmaker Spielberg
Steven Spielberg's production company, Amblin Partners, will
make new films for Netflix over the course of a multiyear
agreement.
(END) Dow Jones Newswires
June 22, 2021 07:15 ET (11:15 GMT)
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