News Highlights: Top Company News of the Day
September 17 2021 - 3:30AM
Dow Jones News
Ex-Boeing Pilot Expected to Face Prosecution in 737 MAX Probe
Investigators looked into Mark Forkner's role in alleged efforts
to mislead air-safety regulators.
Invesco in Talks to Merge With State Street's Asset-Management Business
The discussions might not result in an agreement, people
familiar with the matter said, but a potential deal would likely be
one of the industry's biggest in recent memory.
U.S. Steel Plans New U.S. Mill as Prices Surge
The steelmaker said it aims to put the new sheet-steel mill into
production in 2024 to capture demand from a rebounding
manufacturing sector.
GM Plans to Idle Factories Longer Amid Chip Shortage
The auto maker said it would add to scheduled downtime at seven
plants in the U.S., Canada and Mexico.
Facebook Employees Flag Drug Cartels and Human Traffickers. The Company's Response Is Weak, Documents Show.
Employees raised alarms about how the site is used in developing
countries, where its user base is already huge and expanding. In
many instances Facebook's response is inadequate or nothing at
all.
SpaceX Inspiration4 Crew Wraps Up First Day in Space
The all-civilian mission conducted scientific research and
placed two bets.
Singapore, Temasek Set Up $1.11 Billion Fund
Singapore and Temasek Holdings are establishing a $1.11 billion
fund as part of the government's effort to help high-growth
companies raise capital in the city-state.
CEO's Father Gets a $3.6 Billion Stock Windfall at Carvana
Ernie Garcia II has benefited from an ownership structure that
confers benefits on him and his family and allows them to maintain
control of the business-benefits that can come at the expense of
other shareholders.
Justice Department Fights Pact That Would Shield Sacklers
The Justice Department, continuing its fight against a roughly
$4.5 billion settlement that would shield the family who owns
OxyContin maker Purdue Pharma from opioid lawsuits, wants to pause
the deal until after appeals courts have weighed in.
Who Is Ken Jennings? Latest 'Jeopardy!' Co-Host Named
The game show champion will join Mayim Bialik through the end of
the year.
(END) Dow Jones Newswires
September 17, 2021 03:15 ET (07:15 GMT)
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