News Highlights: Top Company News of the Day
April 07 2021 - 1:30PM
Dow Jones News
Cruise Industry Spars With CDC as It Seeks to Restart by Summer
Operators say the agency's latest instructions to gain clearance
are impractical and don't offer a clear target date for resuming
cruises from the U.S.
Big Tech Companies Prosper Despite Chip Shortage
The global semiconductor shortage, snarling the availability of
everything from cars to refrigerators, hasn't crimped big tech's
profits. An early barometer came when Samsung Electronics forecast
a 44% rise in quarterly operating profit.
Jamie Dimon Says JPMorgan Won't Go Remote After the Pandemic
JPMorgan Chase CEO Jamie Dimon said many of the bank's roughly
250,000 employees will come back to the office after the
pandemic.
U.K. Limits AstraZeneca Vaccine to Over-30s Amid Blood-Clot Concerns
The U.K.'s vaccines advisory body said AstraZeneca's Covid-19
vaccine should preferably not be given to patients under 30
following concerns that it might cause potentially deadly blood
clots in very rare instances.
Facebook's Data Breaches Don't Matter, Until They Do
The fact that there is little privacy on Facebook's legacy app
and Instagram is commonly understood, and in reality has helped
power Facebook to be the advertising giant it is today.
Startup Behind AstraZeneca Covid-19 Vaccine Plans to File Publicly for U.S. IPO Within Days
The biotech startup behind the Covid-19 vaccine jointly
developed by AstraZeneca and the University of Oxford plans as soon
as this week to file publicly to sell shares in the U.S., according
to people close to the company.
Tencent's Biggest Investor Cashes In on Pandemic Rally
Tencent's largest shareholder is selling up to $14.7 billion
worth of stock in the Chinese internet and videogaming giant,
capitalizing on one of the most lucrative technology bets in
history after the pandemic gave a huge boost to the sector.
Tesla Says Its Car Cameras Aren't Activated in China
Company moves to reassure Chinese consumers worried about
privacy after Beijing restricted use of the vehicles due
national-security concerns.
Shell Warns Oil-Price Gains Partly Offset by Hit From Texas Freeze
Royal Dutch Shell said gains it made from higher oil prices in
the first quarter would be partly offset by disruption related to
the winter storm in Texas, knocking the energy giant's recovery
from the pandemic.
Supreme Court Decision Affirms Open-Source's Role in Modern Software Development
A Supreme Court ruling that sided with Alphabet's Google in its
10-year legal battle with Oracle reaffirms the business model
behind open-source software.
(END) Dow Jones Newswires
April 07, 2021 13:15 ET (17:15 GMT)
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