News Highlights: Top Company News of the Day
Facebook Employees Flag Drug Cartels and Human Traffickers. The Company's Response Is Weak, Documents Show.
Employees raised alarms about how the site is used in developing
countries, where its user base is already huge and expanding. In
many instances Facebook's response is inadequate or nothing at
CEO's Dad Gets a $3.6 Billion Stock Windfall at Carvana
Ernie Garcia II has benefited from an ownership structure that
confers benefits on him and his family and allows them to maintain
control of the business-benefits that can come at the expense of
Justice Department Fights Settlement That Would Shield Sacklers
The Justice Department, continuing its fight against a roughly
$4.5 billion settlement that will shield the family who owns
OxyContin maker Purdue Pharma from opioid lawsuits, wants to pause
the deal until after appeals courts have weighed in.
Who Is Ken Jennings: Latest 'Jeopardy!' Co-Host Named
The game show champion will join Mayim Bialik through the end of
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
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
Percheron Collects $770 Million for Debut Fund
Former Golden Gate Capital deal makers Chris Collins and Chris
Lawler started Percheron last year.
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
Microsoft Plans $60 Billion Share-Buyback Program, Raises Dividend
Congressional Democrats have proposed implementing a 2% tax on
public companies' stock buybacks.
(END) Dow Jones Newswires
September 16, 2021 15:15 ET (19:15 GMT)
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