News Highlights: Top Company News of the Day
HSBC's Profit Rises as Pandemic Provisions Recede
The global lender earned $3.4 billion in the quarter ended June,
much higher than the $192 million it reported for the same period
Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal
The Australian installment-payment company, which positions its
service as a cheaper and more responsible alternative to a credit
card, will be integrated into Square's Seller and Cash App business
Succession Drama Grips Scholastic: CEO's Sudden Death, an Office Romance and a Surprise Will
Richard Robinson stunned his family by bequeathing his
controlling stake in the "Harry Potter" publisher to senior
executive Iole Lucchese.
Chile Workers at World's Biggest Copper Mine Vote to Strike
The move potentially risks supply disruptions of a key metal as
the world's economy continues to recover from the impact of the
Samsung Takes Intel's Chip-Seller Crown, but Bigger Battle Looms
Intel, knocked off its perch as the biggest-revenue chip maker
by Samsung, is looking to take on its South Korean rival in one of
the business world's costliest endeavors: contract manufacturing of
the most-advanced chips.
Oil Search Intends to Recommend New Santos Takeover Proposal
Oil Search Ltd. said it intends to recommend a new takeover
proposal from Santos Ltd. to create an energy company with a market
value of more than $16 billion.
Keppel Makes $1.6 Billion Offer for Singapore Press Holdings
Keppel Corp. has offered to acquire Singapore Press Holdings
Ltd. for $1.62 billion, a move by the conglomerate to build its
'Jungle Cruise' Debut Is Latest Example of Covid-19, Co-Release Challenges
After several weeks of encouraging premieres, Hollywood's return
to the box office has struggled with middling performances topping
Ford's Utility Man Steers Its Commercial-Vehicle Push
Ted Cannis applies a diverse background to a new strategic
imperative: expanding services to those customers buying work
trucks and vans.
FDA Under Pressure to Grant Full Approval to Covid-19 Vaccines
Some schools, hospitals and employers are hesitant to mandate
vaccines while shots are still only authorized for emergency
(END) Dow Jones Newswires
August 02, 2021 01:15 ET (05:15 GMT)
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