News Highlights: Top Company News of the Day
January 07 2021 - 9:15AM
Dow Jones News
Another Covid-19 Vaccine Developer Gets Help From Big Pharma
Pharmaceuticals giant Bayer is joining forces with Germany's
CureVac to support the biotech firm in its development of a
Covid-19 vaccine.
Starbucks Recruits Company Veteran for CFO Role
The coffee chain named Rachel Ruggeri as its new finance chief,
replacing Patrick Grismer.
Dutch Lawsuit Seeks Quicker Resolution in Google Case
A consumer group is suing the Netherlands' privacy regulator
over a two-year wait for action on a complaint against Google,
arguing there are flaws in the European system for handling data
privacy and security cases involving multinationals.
LafargeHolcim to Buy Bridgestone Unit
LafargeHolcim has agreed to acquire Firestone Building Products
from Bridgestone in a deal valued at $3.4 billion.
U.S. Weighs Adding Alibaba, Tencent to China Stock Ban
Federal officials have discussed expanding a blacklist of
companies off limits to U.S. investments over concerns about ties
to Chinese authorities.
EV Dreams Power Baidu But May Not Last
The company needs a new growth model. But a road trip into the
frothy electric-vehicle industry might prove long and bumpy.
Gene-Therapy Startup Lexeo Raises $85 Million
Lexeo Therapeutics Inc. is one of several companies seeking to
cure diseases through genetic medicines such as gene therapy.
CEOs, Industry Groups Denounce Capitol Riots
A manufacturing trade group and a coalition of unions suggest
President Trump should be removed from office.
Twitter, Facebook Lock Trump Out of His Accounts
The social-media companies have removed posts by the president
and temporarily locked his accounts, citing the risk of
violence.
Trump's Ban on Chinese Apps Falls to Biden to Execute
Restrictions on the use of Alipay, WeChat Pay and other apps
wouldn't kick in until February, meaning the new administration has
a chance to modify or suspend the ban.
(END) Dow Jones Newswires
January 07, 2021 09:00 ET (14:00 GMT)
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