News Highlights: Top Company News of the Day
Elliott Urges Duke Energy to Consider Separation Into Three Companies
The activist investor is seeking board seats at Duke and wants
the company to form a strategic-review committee.
AT&T to Combine WarnerMedia Assets With Discovery
The deal would merge the telecom giant's media assets, including
CNN and HBO, into a new company, unwinding AT&T's big bet on
entertainment after less than three years.
CVS, Target Drop Face-Mask Rules for Fully Vaccinated Customers
The two companies joined other U.S. retailers that have changed
their policies after federal health officials relaxed their
Parler Names George Farmer as CEO as It Returns to Apple's App Store
Mr. Farmer is succeeding interim chief Mark Meckler, who is
leaving the company.
Goldman Taps Uber Executive to Run Its Consumer Bank
Peeyush Nahar succeeds Omer Ismail, who left Goldman to run
Walmart's new fintech startup.
Bright Machines Going Public in $1.6 Billion SPAC Merger
The creator of a platform that uses artificial intelligence and
robotics to automate tasks in manufacturing is combining with the
Sanofi-GSK Covid-19 Vaccine Set for Large-Scale Trials After Positive Results
France's Sanofi and U.K.-based GlaxoSmithKline said their
vaccine candidate showed positive interim trial results and is
expected to move into large-scale human trials soon, putting the
long-delayed shot on track for potential regulatory approval later
Apollo Hires Craig Farr to Head Capital-Markets Business
Craig Farr is a veteran of Carlyle, KKR and Citigroup, and his
hiring signifies the firm's push to expand the array of companies
whose businesses it finances.
Apple Set to Call Tim Cook to Witness Stand to Fight Monopoly Claims
The iPhone maker's chief executive is set to argue the company's
case against Epic Games' antitrust claims.
Stonepeak and Charging Firm Nuvve Want to Electrify School Buses
The private-equity firm is forming a joint venture with a newly
public supplier of charging technology.
(END) Dow Jones Newswires
May 17, 2021 13:15 ET (17:15 GMT)
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