News Highlights: Top Company News of the Day
BuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup
The company hopes scale will make it easier to compete for ad
dollars with Google, Facebook and Amazon.
Inside Comcast's Plan to Become a Streaming Giant
The broadband and cable company, which owns NBCUniversal, sticks
with its marriage of content and delivery, though AT&T has
reversed course. Another question facing CEO Brian Roberts is
whether to build or buy to reach the company's 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.
NFL Explores Strategic Options for Media Properties
The football league has hired Goldman Sachs to aid in the hunt
for potential partnerships, which could include selling stakes.
ViacomCBS Taps Paramount+ Programming Chief in Content Leadership Shift
Media giant is latest industry player to reorganize its ranks to
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.
Shuttered U.S. Virgin Islands Oil Terminal Starts Lender Talks
Private-equity investor EIG Global Energy Partners controls the
Limetree Bay refinery and storage hub, which previously went
through bankruptcy in 2015 and emerged under private ownership.
CDC Advisory Group Says 'Likely Association' Between mRNA Vaccines and Rare Myocarditis Cases
Centers for Disease Control and Prevention advisers said there
is a "likely association" between Pfizer-BioNTech and Moderna's
mRNA Covid-19 vaccines and an inflammatory heart condition in some
younger individuals, but noted that cases were rare and that most
patients quickly felt better.
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.
(END) Dow Jones Newswires
June 23, 2021 21:15 ET (01:15 GMT)
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