News Highlights: Top Company News of the Day
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
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
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
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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