News Highlights: Top Company News of the Day
Microsoft Plans $60 Billion Share-Buyback Program, Raises Dividend
Congressional Democrats have proposed implementing a 2% tax on
public companies' stock buybacks.
In Food Delivery, Iron Fists Could Trump the Invisible Hand
DoorDash, Grubhub and Uber Eats are hoping constitutional
arguments can save their profit margins in New York City and
Evergrande's Woes Fuel Selloff in Chinese Property Shares
A selloff in Chinese property stocks intensified, as concern
mounted about the effects of an official campaign to rein in the
Match Group Hopes for Savings From Looser App-Store Payment Rules
The online-dating company is working to sidestep Apple's and
Google's payments systems following moves by authorities in the
U.S. and South Korea to loosen the tech giants' grip on app-store
Covid-19 Testing Startup Prenetics to Go Public in SPAC Merger
Prenetics Group Ltd. is going public on the Nasdaq Stock Market
in a merger with special-purpose acquisition company Artisan
Acquisition, in a deal valuing the Covid testing company at $1.25
Amazon Is Doing It. So Is Walmart. Why Retail Loves 'Buy Now, Pay Later.'
Retailers big and small are using installment plans to wring
more sales out of shoppers who can't get credit cards.
Taiwan Battery-Swapping Pioneer Gogoro to Go Public in SPAC Merger
Taiwan's Gogoro will go public in the U.S. via a special-purpose
acquisition vehicle merger with Poema Global Holdings that values
the battery-swapping pioneer at more than $2.3 billion.
Elon Musk's SpaceX Launches First All-Civilian Flight to Orbit
The Inspiration4 mission, led by billionaire businessman Jared
Isaacman, would take Americans the farthest into space since
CATL, BASF Team Up to Create Sustainable Battery Value Chain
The collaboration will focus on battery recycling and on cathode
active materials, which are key to producing electric-vehicle
Percheron Collects $770 Million for Debut Fund
Former Golden Gate Capital deal makers Chris Collins and Chris
Lawler started Percheron last year.
(END) Dow Jones Newswires
September 16, 2021 11:15 ET (15:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.