News Highlights: Top Company News of the Day
September 26 2022 - 9:30AM
Dow Jones News
Marsh & McLennan Names New CEO
The insurance broker and benefits firm's chief operating officer
will succeed Daniel Glaser, who is retiring as CEO at the end of
the year.
Twitter, Musk Spar Over Legal Preparations
The Delaware judge presiding over the takeover dispute has begun
to set the contours of the October trial.
American, JetBlue Antitrust Trial Set to Begin This Week
The government alleges that the airlines' partnership will bring
higher fares, while the carriers say working together makes them
stronger competitors.
Credit Suisse Says Overhaul "Well on Track"
UPDATED: Credit Suisse shares rose 2% after the bank said it was
well on track to produce a strategy update, due Oct. 27, that could
include selling assets and divesting businesses.
Unilever CEO to Retire Next Year After Rocky Tenure
The CEO change comes as Unilever seeks to reinvigorate growth
across its sprawling portfolio while grappling with rising input
costs, changing consumer trends and broad economic uncertainty.
Recession Fears Save Pharma From Pricing Concerns
Drug companies are facing patent expirations and price pressure,
but investors won't make them pay for those problems just yet.
Macau casino stocks rose sharply after the government's easing
of Covid-19 policies boosted hopes of a sooner-than-expected return
to normal.
Toyota Softens Toward Critics of Its EV Push
The auto maker is seeking meetings with investors and
environmental groups that have questioned its commitment to greener
cars.
Amazon, Berkshire Hathaway Could Be Among Top Payers of New Minimum Tax
Researchers analyzed securities filings to determine what
companies would have paid if the tax had been in place last year
and found just six would have paid half of the estimated $32
billion the levy would have generated.
Covid-19 Vaccine Rollout Carries Lessons for Pharma Supply Chains, Says Pfizer Executive
A supply-chain leader at the drugmaker says companies will map
out manufacturing and distribution in advance to get lifesaving
products to the public.
(END) Dow Jones Newswires
September 26, 2022 09:15 ET (13:15 GMT)
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