News Highlights: Top Company News of the Day
September 26 2022 - 11:30AM
Dow Jones News
Peloton Seeks First CMO as Marketing Head Exits
Dara Treseder, now bound for Autodesk, is the latest executive
to leave the struggling fitness company.
Pfizer Requests Clearance for Children's Covid-19 Booster
Pfizer and BioNTech asked U.S. health regulators to clear use of
their updated Covid-19 booster in children 5 years to 11 years,
just as retooled shots for people 12 and older roll out.
Faraday Future Secures Financing, Strikes Deal With Shareholder
The electric-car startup has secured up to $100 million to fund
operations after reaching a deal to resolve a governance
dispute.
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, Elon Musk Spar Over Legal Preparations
The Delaware judge presiding over the takeover dispute has begun
to set the contours of the October trial.
Tata's Potential-and Problems-Are Symbolic of India Itself
Tata Group is in the midst of yet another reorganization-this
time in the steel business.
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.
(END) Dow Jones Newswires
September 26, 2022 11:15 ET (15:15 GMT)
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