News Highlights: Top Company News of the Day
Ahead of Black Friday, Retailers Race to Navigate Surge in Covid-19 Cases
Retailers are bracing for new Covid-19 restrictions that could
weigh on holiday sales but hope investments in digital operations
will allow them to better reach consumers than in the spring when
the economy locked down.
Exxon Documents Reveal More Pessimistic Outlook for Oil Prices
The Texas oil giant has lowered its outlook on oil prices,
suggesting it expects the fallout from the coronavirus pandemic to
linger for much of the next decade.
Deere Expects More Machinery Sales as Crop Prices Rise
Deere & Co. raised expectations for profits next year,
anticipating that higher crop prices will lead to improving demand
from U.S. farmers for its tractors and harvesting combines. .
JD Health IPO Adds to Hale and Hearty Hong Kong Market
Hong Kong is having a standout year for stock listings, despite
political turmoil and the derailment of the world's largest initial
EU Official Raises Vetting Concerns Over BlackRock Contract
An EU watchdog said the bloc's executive branch failed to
properly consider potential conflicts of interest when it chose
BlackRock to advise the EU on future banking regulations.
HBO Max Hopes 'Flight Attendant' Will Land Viewers
The new streaming service and its new boss see shows targeting
women and younger viewers as a way to stand out in a cluttered
Investcorp's Rishi Kapoor Sees Promise in Private Equity's Main Street Push
Rishi Kapoor, the co-chief executive officer at the $33.3
billion global asset management firm Investcorp Holdings BSC,
recently spoke to WSJ Pro Private Equity's Preeti Singh about how
his firm is betting private equity's Main Street push ultimately
will pay off. Responses have been edited for clarity.
Penguin Random House Parent Near Deal to Buy Simon & Schuster From ViacomCBS
ViacomCBS is close to a deal to sell book publisher Simon &
Schuster to German media giant Bertelsmann for more than $2
billion, according to people familiar with the matter.
PC Sales Help HP, Dell Offset Weak Office Spending
Remote working fueled strong demand for Dell and HP personal
computers in the latest quarter, cushioning the impact from lower
Purdue Pharma Pleads Guilty to Felonies Over OxyContin Sales
The guilty plea follows the approval last week by a U.S.
bankruptcy court judge of an $8.34 billion settlement between
Purdue Pharma and the Justice Department.
(END) Dow Jones Newswires
November 25, 2020 11:00 ET (16:00 GMT)
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