News Highlights: Top Company News of the Day
MetLife, Allstate Post Strong Gains in Adjusted Earnings
The Covid-19 pandemic's impact on the insurance industry hasn't
been as bad as feared.
Fox to Acquire Clay Travis's Outkick Media
While best known for its irreverent takes on sports news, in
recent years Outkick Media has featured more content focused on
political and social issues.
Uber's First Quarter Shows Food Delivery's Continuing Strength
Uber Technologies' first-quarter bookings rose despite weak
demand for its ride-sharing service, as sustained growth in its
food-delivery business offset the slump in its core operations.
Puma Promotes Insider to CFO as Company Projects Growth
The German sportswear maker said Wednesday Hubert Hinterseher
would take over from current CFO Michael Lämmermann on June 1. Mr.
Lämmermann plans to retire after 28 years with the company,
including the past eight years as finance chief, but will stay on
as an adviser until the end of the year, Puma said.
Toys 'R' Us Creditors Call for Jury Trial on Executive Stay Pay
Bonuses for leaders who agree to stick around while their
companies went under are becoming increasingly popular, despite the
rules against them.
Moderna Says Its Covid-19 Booster Shots Show Promise Against Variants
The booster doses increased the immune responses against two
variants of concern in an early study.
Google Adopts Hybrid Workweek, With 20% of Its Employees to Work Remotely
Google is adopting a hybrid workweek, allowing 20% of employees
to work remotely, according to a company email, with most employees
spending three days in the office and two days working
Car Companies' Profits Have Outrun the Chip Shortage-but Not for Long
The worsening supply crunch of computer chips threatens to
dampen summer sales for the auto industry.
Audax Collects $1.85 Billion for New Debt Fund
Audax Private Debt, the debt financing unit of multistrategy
investment firm Audax Group, has closed on $1.85 billion for its
fifth mezzanine fund to target private-equity backed midmarket
Hellman & Friedman Nears Deal to Buy At Home Group
Private-equity firm Hellman & Friedman LLC is nearing a deal
to buy At Home Group Inc., according to people familiar with the
matter, in a move that would take the home-decor retailer
(END) Dow Jones Newswires
May 06, 2021 01:00 ET (05:00 GMT)
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