News Highlights: Top Company News of the Day
J&J Covid-19 Vaccine Pause Over Blood-Clot Fear Heads to Review
A federal immunization panel is expected to advise the FDA and
CDC to either continue or lift the pause after a meeting on
JPMorgan Apologizes for Role in Soccer Super League
The U.S. banking giant had pledged $4 billion to finance the
teams joining the breakaway European competition.
Intel CEO Sees Prolonged Chip-Supply Constraints
The semiconductor giant's new chief executive said a global
chip-supply shortage could stretch two more years as the company
posted weaker quarterly earnings.
Senators Raise Concerns About Tesla Safety
Two Democratic senators want the top automotive-safety regulator
to develop recommendations for improving advanced driver-assistance
systems such as Tesla's Autopilot.
Daimler Raises Mercedes Margin Target After Strong First-Quarter
Daimler upgraded its full-year margin targets for Mercedes-Benz
and its Mobility division after reporting a strong rise in first
quarter profits and revenue.
Snap Won't Lose Its Luster
Snap Inc. reported better-than-expected results and bets it can
get just as many clicks out in the wild as it can in users'
Panasonic to Buy Supply-Chain Software Provider Blue Yonder for $7.1 Billion
Panasonic plans to buy U.S. supply-chain software provider Blue
Yonder Holding from Blackstone Group and New Mountain Capital for
$7.1 billion in a bid to accelerate its software business.
Bankrupt Liberty Power Lender Clashed With CEO Over Texas Storm Bill
Liberty Power Holdings, a competitive electricity provider to
homes and businesses in 14 states, filed for bankruptcy on Tuesday
in the U.S. Bankruptcy Court in Fort Lauderdale, Fla., after
defaulting on an invoice from lender Boston Energy Trading and
EQT Closes on $18.8 Billion for Latest Buyout Fund
The firm's ninth flagship vehicle is among the largest funds
ever raised by a European private-equity manager.
Hartford CEO Surprised by Chubb Proposal; Board Has Rejected Three
Hartford CEO Christopher Swift said each of Chubb's proposals
has been evaluated and unanimously rejected by the insurer's
(END) Dow Jones Newswires
April 23, 2021 07:15 ET (11:15 GMT)
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