News Highlights: Top Company News of the Day
Toyota Can Be a Tech Giant Too
Toyotas have a reputation for being reliable but unexciting, and
the Japanese automotive giant that makes them can come across the
same way. Yet it is likely more forward-thinking than it gets
Amazon Wins Appeal Over $300 Million EU Tax Bill
The European Union's second-highest court sided with Amazon over
a $300 million tax bill, dealing a new blow to the bloc's efforts
to wring more tax from big tech companies.
Tesla's April Sales From China Were Mostly Exports
The electric-vehicle maker exported most of the cars produced at
its Shanghai factory in April, raising questions about the strength
of demand for its vehicles in China.
BlackRock Gets Approval to Start Wealth Management Business in China
BlackRock Inc. has gotten the go-ahead from Chinese regulators
to start a wealth management business in the country, joining a
host of international financial institutions expanding into China's
fast-growing financial market.
Daimler CFO Works to Separate Accounts, Debts and People Ahead of Truck Unit Spinoff
The planned transaction is supposed to help boost the car
maker's share price and market capitalization.
Netflix, Disney, Amazon Plan Streaming World Domination, but Meet Resistance
As U.S. streaming giants spend billions making movies and shows
in overseas markets, local regulators and producers are pushing
CDC Panel to Consider Covid-19 Vaccine for 12-to-15-Year-Olds
A federal advisory panel is scheduled to meet to decide whether
to recommend adolescents receive the Covid-19 vaccine from Pfizer
In Epic Games v. Apple Trial, an Unorthodox Judge Presides
Judge Yvonne Gonzalez Rogers has handled several cases involving
Pentagon Backs off Xiaomi Blacklisting After Legal Challenge
The U.S. Defense Department opted against further defending a
Trump administration action that alleged ties between the Chinese
smartphone giant and China's military.
Most Toyotas Will Still Use Gasoline in 2030, Company Says
The car maker projects fast rise of hybrid gas-electric
(END) Dow Jones Newswires
May 12, 2021 09:15 ET (13:15 GMT)
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