News Highlights: Top Company News of the Day
J&J Vaccine Pause Driven by Risk of Mistreating Clots
Officials decided behind the scenes that strong action was
needed to alert the public and doctors to unusual cases and their
Fatal Tesla Crash in Texas Believed to Be Driverless
Two men died after a Tesla vehicle that authorities believe was
operating without anyone in the driver's seat crashed into a tree
Saturday night north of Houston.
BP Aims to Stop Flaring Gas in America's Top Oil Field
The U.K. oil giant burns off more unwanted natural gas than its
peers in the Permian Basin, but it is now investing heavily to
phase out the controversial practice.
Orocobre, Galaxy to Create New $3.06 Billion Lithium Miner
Orocobre Ltd. agreed to buy rival Australian miner Galaxy
Resources Ltd. in an all-stock deal that will create one of the
world's biggest producers of lithium, a commodity used in batteries
for electric vehicles and other high-tech products.
South by Southwest Stake Is Sold to Owner of Rolling Stone
Penske Media, the publisher of magazines like Rolling Stone,
Billboard and Variety, agreed to acquire a 50% stake in South by
Southwest, the famed tech, music and movie festival.
Hotel Magnate Seeks Help to Save Tribune Publishing Bid After Partner's Withdrawal
Choice Hotels International Chairman Stewart Bainum remains
committed to finding ways to move ahead with a plan to outbid hedge
fund Alden Global Capital for the newspaper company.
Drugmakers Go on Trial Over Opioid Epidemic
Four pharmaceutical companies are slated to go on trial Monday
in California over claims they fed the opioid crisis, in a
proceeding that could help finalize multibillion-dollar settlements
with state and local governments.
WeWork's New Stock-Listing Plan Has Echoes of Its Past
The shared office-space company is touting fast future growth
and high profitability, similar to the approach that concerned
regulators the first time it tried to go public.
Naspers Has a $100 Billion Headache
Africa's largest-listed company is struggling with a remarkably
successful investment it made years ago in Tencent-that is, how to
unlock value for shareholders without cashing out on one of the
world's biggest tech companies.
Netflix Is Chill About Pandemic's End
The streaming company faces tough comparisons with its pandemic
surge, but dislodging it from the top position will still be
(END) Dow Jones Newswires
April 18, 2021 23:15 ET (03:15 GMT)
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