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 is looking to raise $3.9
billion at the midpoint of its price range.
Nike Posts Highest Quarterly Sales
The company's revenue doubled from pandemic depressed levels on
pent-up demand for sneakers.
Seven Group Improves All-Cash Offer for Boral
Seven Group Holdings Ltd. returned with an improved takeover
offer for Boral Ltd. after the Australian building-materials
supplier rejected an initial approach from its largest
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.
Google, Facebook, Amazon Set to Fight House Tech Antitrust Package
The Judiciary Committee approved far-reaching legislation to
curb the market dominance of tech giants.
Air Force One Supplier GDC Heads Off Liquidation Threat From Creditors
Boeing, which had been embroiled in litigation with GDC
Technics, objected to its cash financing, but was overruled in a
bankruptcy court hearing.
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
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.
(END) Dow Jones Newswires
June 24, 2021 23:15 ET (03:15 GMT)
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