News Highlights: Top Company News of the Day
Blackstone Sets Goal to Reduce Carbon Emissions
The investment firm has set a goal of reducing carbon emissions
by 15% within the first three years of buying any asset or company
across its portfolio.
McCormick Gains From Shift to Home Meals With Higher 3Q Revenue
The company, which sells spices and condiments, posted higher
profit and revenue figures for the latest quarter, driven by growth
in its consumer segment as more people cooked at home during the
LVMH Countersues Tiffany Over Merger
The French luxury-goods conglomerate says the damage the U.S.
jeweler's business has suffered during the pandemic invalidates
their $16 billion deal.
Microsoft Office 365, Azure Cloud Disrupted by Service Issues
The company said problems included some users of its Outlook
email services and Teams workplace collaboration suite that
provides chat functionality and videoconferencing.
Ransomware Attack Hits Universal Health Services
A malicious software attack crippled computers at one of the
nation's largest hospital chains and led it to cancel some
surgeries and divert some ambulances.
Memorabilia-Trading App Rally Raises $17 Million
A New York-based app on which users can trade against vintage
cars, fancy wine and baseball cards just received a cash injection
from investors including Reddit's co-founder Alexis Ohanian.
Japan's NTT to Take Full Control of Mobile Unit in $40 Billion Deal
NTT Docomo, which broke free of its tradition-minded parent to
become a global pioneer of the mobile internet, is returning to its
old home in a $40 billion deal that erases its independence.
A $40 Billion Docomo Deal Is a Bitter Pill for Rivals
Japan's new prime minister could shake up its telecom market
with potentially the country's largest ever tender offer for its
top mobile carrier. Investors in competitors may want to consider
U.S. Likely Exceeded Authority in TikTok Ban, Judge Says
Banning downloads while the court fight continues would harm the
video-sharing app's business, a federal judge said, ruling that the
Trump administration's curbs likely went beyond the bounds of a
national security law.
Grafine Partners Extends Executive Ranks by Adding Goldman's Katherine Park
Grafine Partners, a firm that backs experienced investment
managers that are starting their first private-equity funds, is
expanding its executive team.
(END) Dow Jones Newswires
September 29, 2020 11:15 ET (15:15 GMT)
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