News Highlights: Top Company News of the Day
Coca-Cola Posts Higher Quarterly Revenue Amid Pandemic Pressure
The soda maker said continued pressure from beverage sales in
bars and restaurants during the Covid-19 pandemic has eclipsed
gains from consumption at home.
GameStop CEO George Sherman to Step Down by July 31
The videogame retailer's leadership team has undergone a series
of changes since Chewy co-founder Ryan Cohen joined the board.
Anti-Money-Laundering Prosecution Deals Setbacks to European Banks
Failures to police money laundering procedures hit two major
banks in Europe, dealing a further setback to a region that has
struggled to stop financial institutions from serving as conduits
for illicit transactions.
Harley-Davidson Hit With EU Tariff Ruling, Plans Appeal
The motorcycle maker said the European Union ruling would apply
to its entire product portfolio and subject all products,
regardless of origin, to a 56% import tariff within the EU.
Elon Musk's Satellite Internet Project Is Too Risky, Rivals Say
Elon Musk's internet satellite venture has spawned an unlikely
alliance of competitors, regulators and experts who say the
billionaire is building a near-monopoly that is threatening space
safety and the environment.
Lithium Miners Ink $3 Billion Merger as Demand for Electric Vehicles Booms
Orocobre agreed to buy rival Australian miner Galaxy Resources
in an all-stock deal that would create one of the world's biggest
producers of lithium, a commodity used in batteries for electric
vehicles and other high-tech products.
Shell, Exxon Look to Profit From Capturing Customers' Carbon Emissions
Oil companies have for decades made money by extracting carbon
from the ground. Now they're trying to make money putting it
Expedia CFO Plans a Bigger Marketing Budget
Expedia Group's finance chief plans to spend more on marketing
while keeping overall costs under control.
Tesla Faces New China Test After Woman's Auto-Show Protest Goes Viral
The demonstrator drew wide sympathy on the internet after videos
showed her being dragged away after climbing atop a Tesla Model 3
sedan at the Shanghai auto show and shouting allegations about
BioNTech, Pfizer to Supply Additional 100 Mln Covid Vaccine Doses to EU
BioNTech and Pfizer said that they will supply the European
Union with an additional 100 million doses of their coronavirus
vaccine in 2021, after the European Commission opted to purchase
those doses as part of a previously signed agreement
(END) Dow Jones Newswires
April 19, 2021 09:15 ET (13:15 GMT)
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