News Highlights: Top Company News of the Day
Amazon Maintains Profit Run
The e-commerce giant's second-quarter sales of $113.1 billion
were slightly less than analysts expected, breaking from a pattern
set during the pandemic.
Boeing Space Flight Postponed After Mishap at Space Station
Boeing's Starliner space capsule was slated for launch Friday
Pinterest Shares Fall as U.S. Monthly Average Users Decline
Revenue totaled $613.2 million, compared with $272.5 million a
Bayer Plans for Roundup Litigation Claims Rising by $4.5 Billion
The German company is setting aside additional funds on top of
its pledged $11.6 billion to resolve litigation alleging its
weedkiller causes cancer.
Robinhood's Stock Price Falls After IPO
The company and its bankers priced the initial public offering
on Wednesday evening at $38 per share, valuing the popular trading
app at about $32 billion.
Scarlett Johansson Sues Disney Over 'Black Widow' Streaming Release
Scarlett Johansson, star of Marvel Entertainment's 2021 movie
"Black Widow," has filed suit against Walt Disney Co. over the
decision to release the movie on Disney+ at the same time as in
Northrop Grumman Lifted by Its Classified Government Programs
Northrop Grumman continued the run of strong results by defense
contractors, with forecast-beating quarterly profits and a higher
full-year earnings forecast as it booked more deals for classified
Comcast Profit Rises as Broadband and Wireless Businesses Grow
The company's theme-park segment also performed strongly in the
second quarter, after the country began to reopen following
Global Brands Group's U.S. Footwear, Apparel Business Files for Bankruptcy
The North American division of Global Brands Group Holding filed
for chapter 11 protection, putting its apparel and footwear brands
up for sale with help from a $16 million bankruptcy loan.
Albertsons Prepares for Potential Covid-19 Restrictions
Its CEO said the supermarket company will comply with new mask
and vaccine mandates that might result from the recent rise in
(END) Dow Jones Newswires
July 29, 2021 17:00 ET (21:00 GMT)
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