News Highlights: Top Company News of the Day
August 05 2021 - 1:22PM
Dow Jones News
Amazon Delays Return to Office to 2022
Amazon said it would delay the office return for corporate
employees until next year as conditions around the Covid-19
pandemic evolve.
WPP Raises Revenue Forecast as Clients Boost Digital Spending
The advertising company returned to pre-pandemic growth rates a
year earlier than expected as clients boosted spending on digital
marketing and e-commerce.
Moody's to Buy RMS in Bid to Boost Climate Risk Business
The ratings company said it had agreed to acquire the
catastrophe risk-management and modeling firm from its U.K. parent
Daily Mail and General Trust PLC for about $2 billion.
Qualcomm Bids $4.6 Billion for Veoneer as Its New CEO Looks Beyond iPhone
Qualcomm's $4.6 billion offer to buy auto-technology company
Veoneer comes as the semiconductor company's new chief executive
seeks to expand beyond the core mobile-phone chip business.
Robinhood Stock Falls After News of Early Investors Set to Sell Shares
The investing platform's shares dropped after an SEC filing
indicated that early investors in the company will sell up to about
98 million shares, currently worth around $6.3 billion, over
time.
Weber's Shares Rise in Debut After IPO Targets Slashed
After it priced its initial public offering below expectations,
Weber saw its shares rise on their first day of trading
Thursday.
Moderna Recommends Covid-19 Vaccine Booster to Protect Against New Variants
Company said vaccine sales rose above $4 billion in the latest
quarter and that it signed $20 billion worth of advanced purchase
agreements for 2021.
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.
Congress Pushes Back on Amazon, Facebook in Antitrust Dispute
The tech giants are seeking to recuse FTC Chair Lina Kahn from
antitrust cases against them.
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.
(END) Dow Jones Newswires
August 05, 2021 13:15 ET (17:15 GMT)
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