News Highlights: Top Company News of the Day
July 06 2022 - 1:15PM
Dow Jones News
Airlines Improving, but Need to Do More to Reduce Disruptions, Transportation Secretary Says
Airlines made it through the July 4 holiday, but still face
challenges this summer, Secretary Pete Buttigieg said.
U.K. Flexes New Muscle in Antitrust Probes Over Microsoft and Amazon
Britain's antitrust regulator opened probes into Microsoft's $75
billion bid for the videogame giant Activision and how Amazon uses
data to boost its business.
Norwegian Cruise Line to End Its Covid-Testing Requirement
Pre-travel testing will still be needed in accordance with
country regulations, including those of the U.S., Canada, Greece
and Bermuda.
France to Nationalize Energy Giant EDF to Help It Combat Europe's Energy Crisis
The French government said the step to fully nationalize the
utility company is necessary to manage the transition away from
fossil fuels at a time of energy crisis in Europe.
Macmillan Says Retailers Can Again Order Its Books After Cyberattack
The company said it is working its way through a backlog of
orders and that it doesn't anticipate it will have to change the
publication date of any of its coming books.
Amazon Adds Grubhub Delivery to Prime Membership
The partnership with Just Eat Takeaway.com, Grubhub's parent
company, could include a small equity stake for the e-commerce
giant.
Rivian Cranked Up Production in Second Quarter at Illinois Factory
The California-based EV startup nearly doubled its production
rate and says it is on track to hit its annual target of 25,000
vehicles.
Online Ad Slump Won't Be a Blip
Google, Facebook and other online ad players are in for another
tough quarter and beyond.
Twitter's Tussle With Delhi Will Define Online Speech in India
Twitter is challenging the scope of the Indian government's
power to force removal of tweets. Whatever happens, the court case
will change the environment for online speech-and business-in the
world's second-most-populous nation.
Batteries Become Do-Or-Die for Air-Taxi Startups
The dream of electric air taxis has always depended on the
reality of batteries. With money for moonshots drying up, investors
may be wise to focus on today's technology rather than
tomorrow's.
(END) Dow Jones Newswires
July 06, 2022 13:00 ET (17:00 GMT)
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