News Highlights: Top Company News of the Day
Boeing Nears Fix for 777 Engine Covers
The plane maker has been working to address concerns about the
aircraft components after one broke apart on a United Airlines jet
over Colorado this year, people briefed on the matter said.
Elon Musk Says Tesla Suspends Accepting Bitcoin for Vehicle Purchases
Tesla chief says bitcoin will be used for transactions "as soon
as mining transitions to more sustainable energy".
Police Arrest Tesla Driver for Operating Car From Back Seat
The California Highway Patrol charged a Tesla Model 3 driver
with reckless driving in the Bay Area after police received 911
CDC Recommends Covid-19 Vaccine for 12- to 15-Year-Olds
The Centers for Disease Control and Prevention took the step
after its vaccination advisory panel voted Wednesday to recommend
Ericsson to Pay Nokia $97.2 Million to Settle Damages Claim
Ericsson said it would pay Nokia $97.2 million to settle a
damages claim relating to previously announced allegations that it
violated the U.S. Foreign Corrupt Practices Act.
Volvo Cars to Explore Possible IPO
The Swedish auto maker, which is owned by China's Geely, has
discussed a potential listing for some time.
WeWork CEO Says Least Engaged Employees Enjoy Working From Home
Conversely, Sandeep Mathrani said Wednesday at The Wall Street
Journal's Future of Everything Festival, 'Those who are uberly
engaged with the company want to go to the office two-thirds of the
time, at least.'
SAP Discloses Investment by Chairman's Charity in Joint Venture
The German software company said the Hasso Plattner Foundation
had invested in a financial-services joint venture SAP had created,
and denied any wrongdoing in not disclosing the investment
Pershing Square Holds Nearly 6% of Domino's Pizza, Bill Ackman Says
The billionaire investor said he puts the pizza chain in the
category of "super-durable growth companies," speaking at The Wall
Street Journal's Future of Everything Festival.
By Chloe Co-Founder Sues Investors Over Trademark
Celebrity chef Chloe Coscarelli is suing investors in the vegan
restaurant chain that bears her name for alleged trademark
infringement in the past.
(END) Dow Jones Newswires
May 12, 2021 19:15 ET (23:15 GMT)
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