News Highlights: Top Company News of the Day
Didi Sets Valuation Target of $62 Billion to $67 Billion in IPO
The Chinese ride-hailing company looks to raise $3.9 billion at
midpoint of its price range.
FedEx to Ramp Up Spending to Ease Delivery Delays
The package giant plans to spend $7.2 billion in the current
fiscal year to accelerate capacity expansion, modernize its fleet
and facilities, and increase automation. FedEx suspended about
1,400 customers of its Freight shipping service earlier this
Nike Posts Highest Quarterly Sales
The company's revenue doubled from pandemic depressed levels on
pent-up demand for sneakers.
Twilio, Asana to List on Long-Term Stock Exchange in ESG Push
The exchange hopes to be a signal to investors of which
companies have sustainable practices.
Teamsters Union Votes to Help Organize Amazon Workers
The resolution follows a failed unionization attempt by Amazon
employees in Alabama.
Food Giant ADM Boosting Defense Against Hack Attempts, CEO Says
The company has formed a ransomware task force and is running
drills, its CEO says at The Wall Street Journal's Global Food
Eli Lilly to Seek FDA Approval for Alzheimer's Drug
The drugmaker said donanemab, which is similar in ways to a
recently approved therapy from Biogen, has been designated for an
Google Delays Cookie Removal to Late 2023
The Alphabet unit said its Chrome internet browser will stop
supporting a user-tracking technology called third-party cookies by
late 2023, nearly two years later than its initial time frame of
Microsoft Still Needs Windows to Shine
Windows 11 marks first major update in six years, but the
storied operating system continues to have an important role to
play at the cloud-centric tech company.
Deutsche Bank Overhauls Anti-Financial Crime Operations
Deutsche Bank is making changes to its anti-financial crimes and
compliance teams following years of regulatory scrutiny and
enforcement actions, according to a recent internal memo.
(END) Dow Jones Newswires
June 24, 2021 19:00 ET (23:00 GMT)
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