News Highlights: Top Company News of the Day
Amazon in Talks to Carry Many NFL Games Exclusively on Prime Video
TV networks also are expected to pay nearly twice as much for
new rights to Sunday and Monday games.
Hertz Stock Nosedives as Bankruptcy-Exit Plan Threatens to Wipe Out Holders
Shareholders receive no compensation under the car-rental
company's restructuring proposal.
Coinbase Transactions Under Review by U.S. Sanctions Enforcer
The largest U.S.-based cryptocurrency exchange in a regulatory
filing said it has submitted disclosures to or responded to
administrative subpoenas from the U.S. Treasury Department's Office
of Foreign Assets Control.
Starboard Takes Elanco Stake, Nominates Three to Its Board
Activist investor Starboard has taken a stake in Elanco Animal
Health and nominated three directors to the company's board,
according to people familiar with the matter.
Jeep-Owner Stellantis Is Open to Dropping Cherokee Name
CEO Carlos Tavares said the auto company is holding talks with
the Cherokee Nation over use of the Native American tribe's name in
Jeep's line of vehicles.
FedEx Delivery Delays Stretch for Weeks in Wake of Storms
Customers gripe, but the company says it is adding shifts and
expects service to return to normal by the end of the week.
Starbucks, Target Among Companies to Still Mandate Masks in Texas Despite Lift on Covid-19 Restrictions
Some of the biggest U.S. retail, theater, hotel and restaurant
chains said they will continue mandating masks and limiting
capacity in Texas after the state drops Covid-related restrictions
Google to Stop Selling Ads Based on Web Browsing
The Alphabet company said that it plans next year to stop using
or investing in tracking technologies that uniquely identify web
users as they move from site to site across the internet.
German Regulator Refers Greensill Matters to Prosecutors
The embattled financial startup plans to file for insolvency as
it simultaneously moved toward a deal to sell its operating
business to Apollo. Germany's top financial regulator referred
matters related to the firm's banking unit to criminal
Shares of Joshua Kushner's Oscar Health Fall in Debut
The New York-based health insurer's stock made its debut at $36,
compared with its initial public offering price of $39 a share
(END) Dow Jones Newswires
March 03, 2021 17:15 ET (22:15 GMT)
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