News Highlights: Top Company News of the Day
August 05 2021 - 9:22AM
Dow Jones News
Moderna Recommends Booster Shots to Protect Against New Variants
Booster shots will likely be needed this year, the company says,
as vaccine sales rose above $4 billion in the latest quarter.
ViacomCBS Reaches Deal With Comcast to Distribute Paramount+ in Europe
ViacomCBS added 6.5 million streaming subscribers across its
platforms in the second quarter and unveiled a partnership with
Comcast's Sky TV unit to distribute its Paramount+ service in
several European markets.
Foxconn to Buy Semiconductor Manufacturing Facility
The world's largest assembler of Apple iPhones says the purchase
will help secure a steady supply of auto chips as it expands
further into the electric-vehicle industry.
Exxon Considers Pledging 'Net-Zero' Carbon by 2050
The oil company is considering a pledge to reduce its net carbon
emissions to zero by 2050, according to people familiar with the
matter, in what would amount to a significant strategic shift.
Airlines' Summer Conundrum: Don't Fly or Fly to the Same Places
Lufthansa's budget arm is doing better than its flagship
airline, but low-cost operators still face stiff competition to fly
a small number of unrestricted routes.
Blackstone, Other Private-Equity Stocks Catch Fire
After years of lackluster performance, the shares of
private-equity firms are benefiting from current market
dynamics.
Nintendo Needs More Than Flashy Buybacks
A big share buyback will help cushion the blow from
disappointing results, but isn't a strategy for the future.
Alpine Gains More Time, Money to Support Ingenio in $462.4 Million Deal
The firm backed the online marketplace for wellness brands in
2013 from its fourth fund.
Roku Pays to Be a Player
The streaming star's ad business delivers, but shortages remind
why hardware still matters
Bayer Shares Tumble After Second-Quarter Loss
Shares in Bayer fell in early trading after the company posted a
second-quarter net loss and an outlook on Ebitda before special
items which is behind consensus.
(END) Dow Jones Newswires
August 05, 2021 09:15 ET (13:15 GMT)
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