News Highlights: Top Company News of the Day
July 06 2022 - 3:15PM
Dow Jones News
Buttigieg Says Airlines Are Improving, but Need to Do More to Reduce Cancellations, Delays
Airlines made it through the July 4 holiday, but still face
challenges this summer, Transportation Secretary Pete Buttigieg
said.
FDA Will Help Overseas Baby-Formula Makers Keep Selling in U.S.
The plans in development include letting overseas companies sell
their products in the U.S. beyond current shortages and providing
assistance to foreign companies seeking to enter the U.S.
market.
France to Nationalize EDF to Help It Combat Europe's Energy Crisis
The move comes as European governments move to control energy
markets as prices soar and Russian supplies dwindle.
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.
Amazon Adds Grubhub Delivery to Prime Membership
The e-commerce giant's partnership with Just Eat Takeaway.com,
Grubhub's parent company, includes an option for a 2% equity
stake.
Cushman & Wakefield Is Held in Contempt in Trump Probe
A New York state judge said the real-estate firm didn't comply
with subpoenas issued by New York Attorney General Letitia
James.
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.
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.
Crypto Broker Voyager Digital Seeks Bankruptcy Protection
The voluntary filing comes after crypto hedge fund Three Arrows
Capital defaulted on a large loan from a Voyager unit.
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.
(END) Dow Jones Newswires
July 06, 2022 15:00 ET (19:00 GMT)
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