News Highlights: Top Company News of the Day
Regeneron Drug Helps Treat Covid-19 in Early Stage
The drugmaker said a preliminary analysis of clinical-trial data
showed reduced virus levels in nonhospitalized Covid-19
Costco CFO Juggles Managing Inventory For Products in High, Low Demand
The retailer in recent months struggled to keep its shelves
filled with wipes, baking yeast and laptops.
Danger Is Approaching for Coronavirus Vaccine Stocks
As the race for a Covid-19 vaccine enters the final stretch,
investors should be more wary of common drug development
Palantir's and Asana's Dueling IPOs to Test Direct-Listing Process, NYSE
Both companies are poised to do direct listings on Wednesday.
Only two other notable companies have done them before.
Increased Cooking at Home Lifts Sales at Frank's RedHot Maker
Spice maker McCormick saw revenue climb this summer as stronger
sales to consumers outpaced weakened demand from commercial
customers during the pandemic.
JPMorgan Paying $920 Million to Resolve Market Manipulation Probes
The settlement concludes federal investigations into the bank
over manipulation of precious-metals and Treasurys markets. The
fine is the largest the CFTC has ever imposed for the tactic known
Peabody and Arch Give Up on Coal Joint Venture After Judge Sides With Regulators
Peabody Energy and Arch Resources are moving on from a proposed
thermal-coal effort in Wyoming and Colorado after a judge said the
FTC showed the project would likely harm competition.
Goldman Shuffles Consumer Banking, Asset Management Executives
A woman will run a major division at Goldman Sachs for the first
time in years as CEO David Solomon continues to put his mark on the
Judge Dismisses New Mexico Lawsuit Against Google Over Children's Data Privacy
A federal court dismissed a New Mexico lawsuit alleging that
Google knowingly spied on students and their families through its
suite of cloud-based products for schools.
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.
(END) Dow Jones Newswires
September 29, 2020 17:15 ET (21:15 GMT)
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