News Highlights: Top Company News of the Day
November 29 2021 - 09:30PM
Dow Jones News
FDA Moving to Authorize Pfizer-BioNTech Booster for 16-, 17-Year-Olds
The agency could authorize Covid-19 boosters as soon as next
week as concerns rise over a new, possibly more transmissible
variant.
Lululemon Hits Back at Peloton, Sues Over Allegedly Copied Designs
The athletic-apparel maker says new Peloton items are knockoffs,
after Peloton last week asked a court to declare it didn't infringe
on designs.
FTC Asks Amazon, Walmart for Information on Supply-Chain Issues
The Federal Trade Commission said that it is conducting a study
on supply-chain problems and shortages, as part of a study into
whether the problems have led to anticompetitive behavior and
higher prices.
Amazon Alabama Workers to Hold New Union Vote, Labor Official Rules
A federal official has tossed out results from a unionization
vote earlier this year, saying that the company violated labor law
in its campaign against organizing, according to the National Labor
Relations Board.
Microsoft's Nadella Sells Half of His Shares in Company
The software maker's chief executive shed holdings valued at
nearly $300 million last week, SEC filings show.
Schick Owner Edgewell Personal Care Buys Women's Razor Brand Billie
The $310 million deal comes after federal regulators had blocked
a deal for Gillette parent Procter & Gamble to acquire the
startup.
Goldman Expands Benefits to Combat Employee Burnout
The Wall Street firm is offering paid leave for pregnancy loss
and expanding the amount of time employees can take for bereavement
leave among other new benefits in a bid to attract and keep
employees.
Jack Dorsey Steps Down as CEO of Twitter
The social-media company said Chief Technology Officer Parag
Agrawal would take the reins effective immediately.
CNN to Review Records Showing Chris Cuomo's Involvement in Coaching Brother
The network says documents released by office of New York
Attorney General "deserve a thorough review and consideration."
Asymchem Laboratories Plans to Raise $968 Million in Hong Kong IPO
Shenzhen-listed Asymchem Laboratories Tian Jin Co. is planning
to raise as much as $968 million via a share offering in Hong Kong,
joining a list of Chinese companies looking to complete deals in a
volatile market
(END) Dow Jones Newswires
November 29, 2021 21:15 ET (02:15 GMT)
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