News Highlights: Top Company News of the Day
Vaccine Shortfall to Hit Europe, Canada as Pfizer Plant Is Upgraded
The European Union, Canada and some other countries will receive
fewer doses next week of the Covid-19 vaccine made by Pfizer and
BioNTech due to an upgrade at Pfizer's European factory. The U.S.
France Blocks Sale of Carrefour to Canada's Couche-Tard
The French finance minister told the Canadian retailer's
chairman that the nearly $20 billion deal would threaten jobs and
France's food security amid the Covid-19 pandemic.
Chubb Taps Investment Banker as Next Finance Chief
Insurance company Chubb recruited an investment banker to
succeed its longtime finance chief Philip Bancroft, who plans to
AMC Networks Names ViacomCBS Executive as New Finance Chief
AMC Networks Inc. hired Christina Spade, the former finance
chief of ViacomCBS Inc., to lead its finances through the
coronavirus pandemic and help grow its streaming business.
The Facebook-owned messaging service acknowledged confusion
among its users over changes in the handling of data.
America's Big Banks Girded for Bad Loans. They're Still Waiting.
JPMorgan, Citigroup and Wells Fargo all reported
better-than-expected earnings Friday. Reserve releases and Wall
Street powered the results.
European Telecom Towers Become Hot Assets Amid 5G Rollout
Telecoms are realizing it is cheaper to share infrastructure
than start from scratch, and independent tower companies may offer
the best deals.
Cap-and-Gown Maker American Achievement Enters Chapter 11 Amid Cerberus Governance Dispute
Parent company AAC Holding Corp. filed for chapter 11 protection
U.S. Bankruptcy Court in Dallas on Thursday, citing efforts by
Cerberus to fill the company's governing boards with "handpicked
directors" after it defaulted on $463 million in debt.
Walmart E-Commerce Boss Marc Lore to Leave
The Jet.com founder joined Walmart in 2016 after it bought his
startup and pushed the bricks-and-mortar giant to ramp up its
Former Petrofac Executive Pleads Guilty to Three Counts of Bribery
A U.K. governmental department said late Thursday that a former
Petrofac Ltd. executive has pleaded guilty to three counts of
bribery at Westminster Magistrates' Court.
(END) Dow Jones Newswires
January 15, 2021 17:15 ET (22:15 GMT)
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