Southwest Airlines CEO to Step Down in February 

Gary Kelly, who has served as chief executive since 2004, will be succeeded by Robert Jordan, a 60-year-old Southwest executive.

Store Brands Could Make a Name for Themselves This Year 

After a boost from the 2008 recession, private-label food has seen stagnating market share. This year could change that.

Amazon, Others Race to Buy Up Renewable Energy 

The race to secure electricity deals for power-hungry data centers has tech companies reshaping the renewable-energy market and grappling with a new challenge: how to ensure their investments actually reduce emissions.

Chinese EV Maker XPeng Plans to List in Hong Kong 

The rival to NIO is targeting a July debut and aims to raise up to $2 billion, a person familiar with the situation said.

Apple's Fight for Control Over Apps Moves to Congress and EU 

The company is stepping up its fight to maintain tight controls over which apps can be installed onto customers' iPhones, as political pressure grows in Washington, D.C. and Brussels to upend those restrictions.

SoftBank Latin America Fund Leads $28 Million Atom Finance Funding Round 

The deal, a bet on the retail investing boom, values the startup around $150 million.

Uber, Lyft Drivers Race to Apps That Make Contract Work a Better Gig 

Gig workers are adopting apps to track pay, monitor events and dispute complaints amid a patchwork of regulatory efforts.

Vizio Looks to Boost Software Business With IPO Cash 

Vizio Holding is ramping up investment in its software business amid growing consumer demand for streaming content

Jack Ma's Ant in Talks to Share Data Trove With State Firms 

Ant Group is in talks with Chinese state-owned enterprises to create a credit-scoring company that will put the fintech giant's proprietary consumer data under regulators' purview.

Blue Owl, Newest Private-Equity Creation, Sees Wisdom in Simplicity 

The company gets all of its earnings from management fees, avoiding the less predictable performance-related income to which public investors typically assign a lower value.


(END) Dow Jones Newswires

June 23, 2021 11:15 ET (15:15 GMT)

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