CBS Cuts Ties With Executives Amid Allegations of Hostile Workplace 
 

Top executives David Friend and Peter Dunn had been suspended in January after a Los Angeles Times report.

 
StockX Valued at $3.8 Billion, Lets Employees Sell Shares 
 

The online marketplace notched a 35% jump in valuation in selling $60 million of new stock.

 
Buyout Firms Team Up on More Than $15 Billion KPN Bid 
 

The funds are preparing to conduct due diligence with the goal of submitting a formal bid for the Dutch communications-services provider this spring.

 
Tencent-Backed Anjuke Group Mulls Hong Kong IPO 
 

Tencent-backed Anjuke Group has filed an application for an initial public offering in Hong Kong, becoming the latest technology firm to tap the active equity fundraising market in the Asian financial hub.

 
Instacart and DoorDash Plan to Launch Their Own Credit Cards 
 

JPMorgan will issue Instacart's rewards credit card and is bidding for DoorDash's card, which the delivery companies hope will help them retain users.

 
Cruise Industry Spars With CDC Over How to Restart Sailings 
 

Cruise operators are pushing federal health authorities to let voyages begin in July, but the two sides are clashing on how to restart voyages.

 
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.

 
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.

 
Pence to Publish Autobiography With Simon & Schuster 
 

The book by former Vice President Mike Pence is tentatively scheduled to be published in 2023. It doesn't have a title yet.

 
 

(END) Dow Jones Newswires

April 07, 2021 21:15 ET (01:15 GMT)

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