Comcast's CEO Built a Cable Giant. Can He Build a Streaming Giant? 

Brian Roberts is out to prove that having content and distribution under one roof can turn his cable colossus into a major streaming contender. He is also wrestling with whether to build or buy to reach that goal.

Bill Ackman Makes His Case for Music 

The hedge-fund billionaire is bullish on streaming, profitability and industry growth ahead of his investment in Universal Music Group.

Warren Buffett to Quit as Gates Foundation Trustee 

The charity is looking to strengthen its governance, and the Berkshire Hathaway CEO says he has been 'inactive' at the foundation for years.

Morgan Stanley Requires Employees to Get Vaccinated Before Going to the Office 

Starting July 12, the bank's employees will be required to confirm that they have been vaccinated before entering Morgan Stanley buildings in New York City and Westchester County.

Glaxo Talks Up Growth Prospects as Activist Investor Elliott Looms 

The pharmaceutical giant provided further details of the long-planned separation of its consumer-healthcare business, as it seeks to ward off a potential clash with hedge fund Elliott Management.

Southwest Airlines CEO to Step Down in February 

Gary Kelly, who has served as chief executive since 2004, will be succeeded by company veteran Bob Jordan, as the carrier plots its path out of the pandemic.

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.


(END) Dow Jones Newswires

June 23, 2021 15:15 ET (19:15 GMT)

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