News Highlights: Top Company News of the Day
Walmart to Stop Requiring Masks for Vaccinated Workers and Shoppers
Walmart will no longer require vaccinated workers and shoppers
to wear masks, except where municipalities require it. Companies
began to rethink their requirements after federal health regulators
relaxed their guidelines.
Les Moonves to Forgo $120 Million in Settlement With ViacomCBS
The former CBS chief was denied a severance package following
his resignation in 2018 and had challenged the decision.
7-Eleven Completes Convenience Store Acquisition Amid FTC Disarray
U.S. antitrust enforcers signal disagreement on how to address
deal for Marathon Petroleum's Speedway chain.
Swiss Life Enters Deferred Prosecution Agreement With U.S. Justice Department
Swiss Life entities agreed to pay $77.3 million, which includes
restitution, forfeiture of all gross fees and a penalty, the
Justice Department said.
Coke to Discontinue Coca-Cola Energy in U.S.
The soda giant saw disappointing sales after launching the drink
last year in an effort to break into a fast-growing beverage
category dominated by Red Bull and Monster.
Facebook Loses Bid to Block Ruling on EU-U.S. Data Flows
The social-media company lost a bid to block a European Union
privacy decision that could suspend its ability to send information
about Europeans to the U.S., opening a pathway toward a
precedent-setting interruption of its data flows.
Hacking Group Linked to Colonial Pipeline Attack Is Closing Down
DarkSide, the criminal group linked to a cyber attack that
disrupted U.S. gasoline deliveries this week, has told hacking
associates that it is shutting down, said security research
U.K. Launches Fraud Probe Into Greensill-Linked Steel Firm
Britain's Serious Fraud Office said it is investigating
suspected fraud and money laundering at metals magnate Sanjeev
Gupta's GFG Alliance, as well as its financing arrangements with
bankrupt lender Greensill Capital.
Irish Healthcare Service Shuts Down IT Systems After Ransomware Attack
Hospitals canceled appointments and turned to paper and pen
after the attack, which used Conti ransomware, shut down IT
Honda Net Profit Surges as North America Business Rebounds
Honda Motor posted a net profit in its fourth quarter thanks to
a broad operational improvement, especially in North America, as
its business continued to recover from the Covid-19 pandemic.
(END) Dow Jones Newswires
May 14, 2021 19:15 ET (23:15 GMT)
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