News Highlights: Top Company News of the Day
American Airlines to Use Frequent-Flier Program to Raise $7.5 Billion
The carrier will use the funds to replace a loan from the
Meghan Markle and Prince Harry's Oprah Interview Drew About 17.1 Million Viewers
The conversation that aired Sunday on CBS was one of the
most-watched events of the TV season, but its audience was still a
far cry from the Super Bowl's.
Greensill Files for Insolvency, Leaving Pain for Investors
SoftBank-backed Greensill Capital filed for insolvency
protection, days after regulators took over its banking unit and
Credit Suisse froze key investment funds.
Selling Jet-Leasing Could Be a Breakup Too Far for GE
General Electric's aviation business might lose a key advantage
as CEO Larry Culp continues to unwind his predecessors' legacy.
Apollo Reabsorbs Athene in Deal Valuing Firm at $11 Billion
Private-equity giant Apollo announced the acquisition of the
portion of Athene Holding it doesn't already own in an all-stock
transaction that values the insurance-and-retirement services firm
at around $11 billion.
GameStop Board Forms Committee to Focus on Transformation
The videogame retailer said Chewy co-founder, Ryan Cohen, leads
Amazon-Backed Deliveroo Plans IPO, Testing London's Big Tech Appetite
Deliveroo took the first step to list on the London Stock
Exchange, seeking to replicate the stock-market success of U.S.
rival DoorDash as the pandemic fuels demand for online food
Crowd-Safety Company Evolv Going Public in $1.7 Billion SPAC Merger
Microsoft co-founder Bill Gates and former Florida Gov. Jeb Bush
are two of Evolv's investors.
Oxford Vaccine Startup in Conflict With University Ahead of IPO
A startup behind the Covid-19 vaccine developed by the
University of Oxford and AstraZeneca is planning an IPO that
backers hope will be the biggest market debut of an Oxford spinoff
in years. One hurdle: the university itself.
Huawei Loses Cellular-Gear Market Share Outside China
Huawei's share of revenue from selling wireless-equipment around
the world, excluding China, fell 2 percentage points last year, a
signal the U.S. campaign to curb the Chinese manufacturer is
starting to make an impact.
(END) Dow Jones Newswires
March 08, 2021 13:15 ET (18:15 GMT)
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