News Highlights: Top Company News of the Day
High-Speed Trader Virtu Fires Back at Critics
Scrutiny of the recent stock surges at GameStop, AMC and others
has put pressure on the trading firm run by CEO Douglas Cifu.
Cruise Lines Wrestle With Florida Ban on Vaccine Passports
A standoff between Florida Gov. Ron DeSantis and the cruise
industry over whether to require passengers to show proof of
Covid-19 vaccines is coming to a head.
Miners Try to Get Covid-19 Vaccines Into Areas Where Shots Are Scarce
The pandemic is helping to soften the reputation of mining
companies, often cast as villains.
Facebook and Its Advertisers Feel Pinch of Apple's Privacy Drive
Recent changes in Apple's IOS operating system have diminished
Facebook's ad targeting abilities.
Boeing Offloads Unclaimed MAX Jets as Travel Recovers
The recovery in domestic air travel is helping the plane maker
find new homes for jets whose original buyers walked away or
collapsed during the pandemic.
Torrens Group Plans to Raise Over $900 Million in Australia IPO
Torrens Group plans to raise $905.3 million in gross proceeds
through an initial public offering in Australia, as the company
seeks to tap new investors.
Puerto Rico's Power Distributor Hit by Cyberattack Hours Before Fire
Luma Energy said a distributed denial-of-service attack targeted
its customer portal, as well as its mobile app, shutting out
customers trying to access their accounts or report outages.
Toshiba to Appoint New Directors to Reform Corporate Governance
Toshiba Corp. Board Chairman Osamu Nagayama said Monday that the
company will look for new directors after a probe found it worked
with the Japanese government against foreign shareholders.
House Bills Seek to Break Up Amazon and Other Big Tech Companies
Lawmakers proposed a raft of bipartisan legislation aimed at
reining in Big Tech, including a bill that seeks to make the
e-commerce giant and others split into two companies or shed some
of their products and services.
AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders
Mudrick Capital's flagship fund lost 10% in just a few days,
highlighting how risky retaining significant exposure to such
stocks can be.
(END) Dow Jones Newswires
June 14, 2021 03:15 ET (07:15 GMT)
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