News Highlights: Top Company News of the Day
October 21 2021 - 9:30PM
Dow Jones News
Western Digital-Kioxia Deal Talks Stall
The steady drop in Western Digital's share price since June was
a factor that cooled merger discussions.
American, Southwest Say Vaccine Mandate Won't Disrupt Flights
Some aviation unions have pushed back against the requirement,
raising the possibility of service problems during holiday
season.
Whirlpool Doesn't See Appliance Shortage Ending Soon
The appliance maker said shortages of dishwashers and
refrigerators are likely to stretch well into next year as
supply-chain problems constrain production and consumer demand
remains strong.
Chipotle's Profit Rises as Chain's Burritos Get Pricier
The company's quarterly sales established a record after
Chipotle increased its menu prices to offset higher meat and
freight costs.
Snap's Stock Drops as It Blames Apple for Hurting Its Ad Business
The social-media company posted revenue and user growth in the
latest quarter but expects growth to slow.
Vista Prepares Pitch for Next Big Software Fund
Vista Equity Partners plans to join the growing list of
private-equity firms pitching large funds focused on technology
deals.
J&J Talc Claims May Not Belong in Charlotte Bankruptcy Court, Judge Says
A bankruptcy judge said he is unsure if his North Carolina
courtroom is the right venue for a Johnson & Johnson subsidiary
to potentially settle tens of thousands of talc-related injury
claims and suggested the case could be moved closer to the consumer
goods giant's New Jersey headquarters.
Deere Granted Temporary Injunction Against Striking Union Members
The injunction prohibits striking union members from trespassing
on the company's property or obstructing entrances and exits.
Pinterest's Marketing Allure Drives Suitors' Interest
PayPal wants to buy the social-media platform, which offers a
coveted female user base and a focus on spurring e-commerce
sales.
Blackstone Can Deal With Rising Rates
Alternative asset managers have been big beneficiaries of low
rates and surging market values, but their upswing could continue
even if those things don't.
(END) Dow Jones Newswires
October 21, 2021 21:15 ET (01:15 GMT)
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