News Highlights: Top Company News of the Day
United Begins Flying Pfizer's Covid-19 Vaccine
Carriers are positioning doses for quick distribution if
vaccines are approved by regulators, according to people familiar
with the matter.
Hertz to Sell Donlen Fleet Business to Athene for $875 Million
Bankrupt rental-car company plans to use proceeds from the
proposed sale to pay down debt.
GM Plans to Seek Banking Charter to Grow Auto-Lending Business
General Motors Financial Company has been talking to federal and
state banking regulators for months about forming an industrial
loan company and could file applications to do so as early as
December, people familiar with the matter said.
Black Friday in a Pandemic Means Fewer Shoppers, Deals
Clothing retailers and department stores canceled orders and
discounted heavily to clear unsold merchandise during spring
lockdowns. Many have kept inventories slim since then, which allows
them to discount less.
Wary of New Lockdowns, CFOs Stand Ready With Covid Contingency Plans
Finance chiefs say they are better prepared to navigate
inventory challenges and cost cuts than they were last spring.
Slack Missed Out on Pandemic's Zoom Boom, Leaving It Vulnerable
When the coronavirus sent millions of professionals working
remotely, other companies seized the spotlight, making Slack a
potential acquisition target.
Spanish Lenders BBVA, Sabadell Abandon Merger Talks
Banco Bilbao Vizcaya Argentaria, Spain's second-largest lender
by assets, and smaller peer Banco de Sabadell ended their merger
talks because of disagreements over pricing, underlining that
consolidation in Europe's banking system remains complicated.
Spotify Needs More Than a Cup of Joe
Joe Rogan's podcast, about to go exclusive, will need to deliver
a big boost in paid users to justify the Spotify stock's run.
Cars Are Going Digital, But Detroit Has a Long Road Ahead
It will be awhile until car makers can reap the benefits of
turning your next vehicle into a giant smartphone
Covid-19 or Not, Here Vimeo Comes
As business increasingly moves online, Vimeo should have
investors tuning in, even once they are physically back at
(END) Dow Jones Newswires
November 27, 2020 17:00 ET (22:00 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.