Foxconn Shrinks Plans for Wisconsin Plant 

The contract electronics maker signed a new deal with the state to invest as much as $672 million, instead of up to $10 billion.

Purdue's Sackler Family Owners Worth $11 Billion, Documents Show 

Summaries of the family wealth, turned over to Rep. Carolyn Maloney (D., N.Y.), also were seen by Purdue's creditors during settlement talks, according to representatives for the two branches of the company's family owners.

Apple's iPad and Mac Moment Should Linger 

The company's tablet and PC sales got a strong boost from the Covid-19 pandemic. Changes in work habits should keep demand elevated.

Meatpacker JBS USA Hires New Chief Legal Officer 

Beef and pork giant JBS USA Holdings has hired a former U.S. antitrust enforcer as its new chief legal officer, as the U.S. meat industry faces antitrust scrutiny.

Simon & Schuster Says Pence Book to Proceed, Despite Employee Petitions 

"We come to work each day to publish, not cancel," CEO Jonathan Karp said in a letter to staffers.

Tribune Publishing Sets Date for Shareholder Vote on Alden Bid 

The May 21 deadline narrows the window for competing bidder Stewart Bainum Jr. to firm up financing.

Netflix Subscriber Growth Slows as Economies Reopen 

Subscriptions at the streaming giant surged last year, but consumers are now looking to get out.

BHP Raises Fiscal Copper Guidance, Iron-Ore Output Falls 

BHP Group Ltd. said it would likely produce more copper than expected this fiscal year but less coal, as it reported a 4% fall in third-quarter iron-ore output because of bad weather and maintenance.

Tencent, Chindata 'Greenest' Chinese Tech Companies 

Internet giant Tencent Holdings Ltd. and data-center operator Chindata Group Holdings Ltd. were named the "greenest" companies in a Greenpeace ranking of China's tech titans, pushing forward with goals to reduce their carbon footprints at a time when Beijing is ramping up its sustainability drive.

Regulator Bars Former Goldman Analyst for Insider Trading 

Finra says Brian Maguire bought shares in two companies after finding out about another analyst's upgrade.


(END) Dow Jones Newswires

April 20, 2021 23:15 ET (03:15 GMT)

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