News Highlights: Top Company News of the Day
AstraZeneca Warns of Covid-19 Vaccine Shortfall in Europe
The drugmaker blamed an unspecified manufacturing issue. EU
leaders are facing scrutiny over what critics say has been a slow
Comcast's NBCUniversal to Shut Down Sports Cable Channel NBCSN
National Hockey League and NASCAR programming will move to the
IBM Shares Are an Anomaly in a Hot Tech Sector
Once the biggest U.S. company, IBM hasn't delivered the growth
investors have come to expect of technology firms.
Amazon Seeks to Postpone Alabama Unionization Vote
The technology company is pushing for in-person union ballots in
place of a mail-in option that was allowed due to the pandemic.
United Wholesale Mortgage Goes Public in Biggest SPAC Deal Ever
United Wholesale Mortgage made its public trading debut, the
largest-ever listing through a special-purpose-acquisition
Google Closes Loon, Its Plan to Use Balloons for Web Access
The Alphabet project that aimed to serve hard-to-reach regions
is winding down after failing to reduce costs enough to achieve a
sustainable business model.
For Oil Servicers, Adversity Spells Opportunity
Oil-field services companies are showing strong signs of
improvement. The sentiment-driven selloff this week could be an
opportunity to pick up their shares on the cheap.
Amazon Needs Electric Vehicles, Too
In the frothy electric vehicle sector, companies focused on
parcel-delivery vans have a stronger business case than most.
TikTok Rival's IPO Could Value It Near $100 Billion
TikTok was one of the most talked about apps in 2020, and though
its largest competitor in China, Tencent-backed Kuaishou, hasn't
received as much scrutiny abroad, it could still make a splash in
Google Threatens Search Shutdown in Australia
Google said it would have no real choice but to shut down its
search engine in Australia if a proposed law requiring tech giants
to pay publishers for news isn't changed.
(END) Dow Jones Newswires
January 22, 2021 15:15 ET (20:15 GMT)
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