BHP Metallurgical Coal Operations Disrupted by Australia Covid-19 Surge

BHP Group said a surge in Covid-19 cases in Australia is causing a shortage of workers at its coal pits that will likely constrain how much steelmaking coal the miner can produce in its fiscal year.

 
EQT Aims to Raise Almost $23 Billion for Buyout Fund

EQT AB expects to raise at least EUR20 billion, equivalent to about $22.81 billion, for a 10th buyout fund to further expand its U.S. presence, according to Per Franzen, a partner and global head of private capital's advisory teams.

 
Apple Says Senate Tech Bill Would Hurt Its Privacy Push

The iPhone maker said a proposal in Congress would weaken a privacy-protection tool it rolled out last year, adding that the change could benefit "irresponsible" companies profiting from user data.

 
Activision Blizzard's Workplace Problems Spurred $75 Billion Microsoft Deal

After a California lawsuit and a Wall Street Journal report, the company's stock was falling, board members were getting anxious-and the tech giant was ready to take a gamble.

 
Sony Group Shares Fall Sharply After Microsoft Deal for Activision Blizzard

Sony Group Corp. shares fell as much as 10%, following news that Microsoft Corp. agreed to buy videogame heavyweight Activision Blizzard Inc., which could take the gaming console fight to another level.

 
Airlines Cancel Some Flights Ahead of U.S. 5G Wireless Launch

The flight suspensions occurred even as AT&T and Verizon agreed to limit signals within 2 miles of runways to address air-safety concerns.

 
Pfizer's New Covid-19 Pill Works Against Omicron in Lab

The drug's main component worked in three separate laboratory studies, a potentially encouraging sign as the Omicron strain spreads.

 
Peloton Bikes, Treadmills Set to Cost More

Shares dropped 5%, falling below $30 for the first time in nearly two years.

 
BJ's Wholesale Club to Move Credit Cards to Capital One, a Blow to ADS

The warehouse club sued Alliance Data Systems, saying the card issuer isn't moving fast enough to transfer accounts.

 
Wells Fargo Names Derek Flowers Its Chief Risk Officer

Mr. Flowers, a 24-year veteran at the bank and previously its head of strategic execution and operations, replaces Amanda Norton in the role.

(END) Dow Jones Newswires

January 19, 2022 01:15 ET (06:15 GMT)

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