News Highlights: Top Company News of the Day
September 17 2021 - 9:30AM
Dow Jones News
A French Book-Publishing Takeover Worthy of Netflix
After a five-year activist campaign and a fight for control
among rival billionaires, investors in both Lagardère and Vivendi
finally get some clarity about the media businesses' futures.
United Airlines Briefly Grounds Flights in U.S., Canada
The grounding lasted 45 minutes because of technical system
issues, which have now been resolved.
iPhone Reality Doesn't Fully Ground Satellite Dreams
Shares of Globalstar, which operates a low-earth-orbit satellite
network, crashed after the iPhone 13 reveal, but they remain
elevated as a "mystery project" continues.
Universal's New Beijing Theme Park Will Ride on U.S.-China Ties
It's been a 20-year roller-coaster ride for Universal Studios
Beijing. Now, with attractions based on Harry Potter, Minions and
Transformers, it's ready to open-just as U.S.-China relations are
at a low point.
How Facebook Hobbled Mark Zuckerberg's Bid to Get America Vaccinated
Company documents show antivaccine activists undermined the
CEO's ambition to support the rollout by flooding the site and
using Facebook's own tools to sow doubt about the Covid-19
vaccine.
GPB Capital Founder Accused of Fraud Seeks Millions From Firm
GPB Capital Holdings LLC founder David Gentile, who faces
criminal and civil fraud charges related to how he ran the
private-equity firm, is asking for court-supervised mediation to
obtain millions of dollars he says GPB owes him as its general
partner and owner.
Ex-Boeing Pilot Expected to Face Prosecution in 737 MAX Probe
Federal prosecutors plan to criminally charge a former Boeing
pilot they suspect of misleading aviation regulators about safety
issues blamed for two fatal crashes of the 737 MAX.
Invesco in Talks to Merge With State Street's Asset-Management Business
The discussions might not result in an agreement, people
familiar with the matter said, but a potential deal would likely be
one of the industry's biggest in recent memory.
U.S. Steel Plans New U.S. Mill as Prices Surge
The steelmaker said it aims to put the new sheet-steel mill into
production in 2024 to capture demand from a rebounding
manufacturing sector.
SpaceX Inspiration4 Crew Wraps Up First Day in Space
The all-civilian mission conducted scientific research and
placed two bets.
(END) Dow Jones Newswires
September 17, 2021 09:15 ET (13:15 GMT)
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