News Highlights: Top Company News of the Day
Canadian Casino CEO Resigns After Charges of Violating Covid-19 Rules
Rodney Baker stepped down from Great Canadian Gaming after
allegedly flying to a remote Yukon community to get vaccinated.
Washington Post's Marty Baron to Retire as Executive Editor
The newspaper chief plans to step down at the end of February
after an eight-year tenure.
UniCredit to Pick Andrea Orcel as New CEO
One of Europe's best-known bankers remains in a legal fight with
Santander over a canceled job offer.
Johnson & Johnson's Profit Is Boosted by Pharmaceuticals Business
The coronavirus pandemic continued to drag down sales of medical
devices as people postponed elective procedures, but modest growth
in consumer-health products also contributed to the sales boost in
the latest quarter.
Verizon Slow to Cash In on iPhone 12
Carrier's profit slipped in the fourth quarter as higher costs
burdened its bottom line, though the company issued a more upbeat
view of its prospects in 2021.
3M Expects Sales Growth as Customers Return to Offices, Schools
The St. Paul, Minn.-based manufacturer said it has delivered two
billion N95 masks around the world and is making more than 95
million a month in the U.S.
American Express Spending Decline Slows in Fourth Quarter
Travel and entertainment spending has taken a particularly hard
hit from the pandemic.
Raytheon's Solid Earnings Offer Hope for Aerospace Suppliers
The company earned more than Wall Street expected, but even
better, its forecasts were more upbeat than analysts had penciled
GE Reports Surge in Year-End Cash Flow
The boost in cash came from orders in its power and renewables
divisions, along with improved financial efficiency.
Clydesdales Charge Into a Super Bowl Ad After All-for Sam Adams
Boston Beer and GlaxoSmithKline are among the companies
enlisting ambush-marketing techniques to generate big-game buzz
without national-television commercials.
(END) Dow Jones Newswires
January 26, 2021 13:00 ET (18:00 GMT)
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