Goldman Sachs Is Giving Entry-Level Bankers a Nearly 30% Raise 
 

The Wall Street firm is increasing base pay for its entry-level employees-first-year analysts-to $110,000, a nearly 30% increase from the previous starting salary

 
Ferrari Is Stuck in Neutral 
 

The Italian sports car maker can afford to take the long view with its transition to less-polluting powertrain technologies. But investors will need to be patient too.

 
Square Keeps Its Equal Sides With Afterpay Deal 
 

Afterpay is an acquisition that can boost Square's appeal to both buyers and sellers and link the two, which is what investors have been betting on.

 
Retailers Take Steps to Follow Shifting Guidance on Masks 
 

Target said it would require workers to wear masks regardless of vaccination status in counties deemed at high risk of Covid-19 transmission, mirroring policies implemented by other companies last week in the wake of new guidance on mask wearing from U.S. officials.

 
Reese Witherspoon's Hello Sunshine to Be Sold to Media Company Backed by Blackstone 
 

The venture Blackstone is backing will be run by former Walt Disney executives Kevin Mayer and Tom Staggs, who are hunting for content companies amid a land-grab for high-quality programming in Hollywood.

 
News Corp to Buy OPIS for $1.15 Billion 
 

The parent of The Wall Street Journal and HarperCollins Publishers will purchase Oil Price Information Service, an energy and renewables information-services company.

 
Heineken's Usual Advantage Will Slow Its Recovery 
 

A big business in developing countries is normally a reason to buy Heineken's shares. For now, though, slow vaccination rollouts have taken the fizz out of some of the world's most promising beer markets.

 
Foot Locker to Buy Two Retailers for $1.1 Billion 
 

The sneaker seller is acquiring WSS and Atmos as it seeks customers beyond the mall.

 
Allianz Shares Sink on DOJ Probe Into Structured Alpha Funds 
 

The U.S. Justice Department is investigating the German financial giant's hedge funds that caused investors significant losses during the pandemic-related market downturn early last year.

 
Big Apple Takes Bite Out of Food Delivery 
 

New bills passed in New York City could curb some appeal of companies such as Grubhub, DoorDash and Uber Eats.

(END) Dow Jones Newswires

August 02, 2021 15:00 ET (19:00 GMT)

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