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.
Danske Bank CEO Resigns Amid Dutch Probe Into Money Laundering at ABN AMRO
Danske Bank said that Chief Executive Officer Chris Vogelzang
has resigned after Dutch authorities named him a suspect in
connection with their investigation into potential violations
relating to the prevention of money laundering at ABN AMRO Bank
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.
Gulf Energy Makes Over $5 Billion Offer for Intouch Holdings
Gulf Energy Development, owned by a Thai billionaire, has made
an over $5 billion offer to buy shares it doesn't already own in
one of Thailand's largest telecommunications company.
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.
Oaktree Offers to Finance Buy Back of James Packer's Crown Shares
Australian casino operator Crown Resorts Ltd. said it received a
proposal from Oaktree Capital Management to finance a buy back of
Crown shares that are currently held by billionaire James Packer's
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.
(END) Dow Jones Newswires
April 19, 2021 03:15 ET (07:15 GMT)
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