News Highlights: Top Company News of the Day
Amazon's Planned Purchase of MGM to Be Reviewed by FTC
The antitrust review of the acquisition comes as Lina Khan, a
frequent critic of the online giant, takes the helm at the
McDonald's Introduces Customer-Loyalty Program
Customers will receive points on qualifying purchases that can
be traded for items under the program, which is set to launch
nationally on July 8.
LinkedIn Accounts of Scholars Blocked in China
Affected users say the social-networking site owned by Microsoft
is obstructing them over "prohibited content" without further
Google Faces EU Antitrust Probe of Alleged Ad-Tech Abuses
The European Union opened a formal antitrust investigation into
allegations that Google abuses its leading role in the
advertising-technology sector, the most wide-ranging case yet to
look at that pillar of the tech giant's business.
Blackstone Bets $6 Billion on Buying and Renting Homes
The investment firm's deal for a company that buys and rents
single-family homes is the latest sign Wall Street believes the
U.S. housing market is going to stay hot.
Vivendi Shareholders Approve Spinoff of Universal Music
The vote brings the world's largest music company a step closer
to becoming its own public entity.
Pear Therapeutics to Go Public in Roughly $1.6 Billion SPAC Deal
Investors that include the Pritzker Vlock Family Office and
Neuberger Berman Group funds are backing a roughly $125 million
private investment in public equity, or PIPE, as part of the
Amazon Could Use Less Prime Time
Prime Day showcases all the strengths that have put Amazon under
Lux Capital Leads $51 Million Financing in Biotech Startup Enveda
Lux Capital has led a $51 million venture-capital financing in
Brazil's Petrobras Pension Fund Sheds Some Private-Equity Stakes
The Petros pension fund for workers at state-owned oil giant
Petrobras sold stakes in seven funds to Spectra Investments.
(END) Dow Jones Newswires
June 22, 2021 13:15 ET (17:15 GMT)
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