News Highlights: Top Company News of the Day
Zoom's Nearly $15 Billion Deal for Five9 Under U.S. Government Review Over China Ties
The Justice Department-led Team Telecom is looking into whether
Zoom's China ties could make its acquisition of the software
company a national-security risk.
Facebook Oversight Board Launches Review of Company's XCheck System
The inquiry follows an investigation by The Wall Street Journal
into the social-media giant's treatment of high-profile users.
ConocoPhillips Bets Big on American Oil Production With $9.5 Billion Deal
The company's purchase of Permian Basin assets from Shell means
it will overtake all but Exxon in oil and gas output in the
DraftKings Makes Bid for Gambling Company Entain
The cash and stock offer, valued at more than $20 billion, comes
after the British gambling company rebuffed a takeover proposal
from MGM Resorts International earlier this year.
McDonald's Plans to Make Happy Meal Toys More Sustainable
The fast-food chain is shifting some of its toys to plant-based
materials, and the new toys will begin appearing in the U.S. in
Justice Department Preparing to Challenge American-JetBlue Pact
The department's antitrust division expects to file a lawsuit as
soon as Tuesday arguing the airlines' agreement is
J&J Says Covid-19 Vaccine Booster Two Months After First Shot Increases Protection
Johnson & Johnson said a booster dose of its Covid-19
vaccine administered two months after the first shot increased
protection against symptomatic illness in trial participants.
AutoNation Taps Auto Veteran as New CEO
Former Fiat Chrysler chief Mike Manley will lead the largest
publicly traded car-dealership chain in the U.S., succeeding
company veteran Mike Jackson.
Google to Buy NYC Office Building for $2.1 Billion
The purchase in Manhattan is the priciest in the U.S. since the
U.S. Bancorp to Buy MUFG Union Bank for About $8 Billion
The deal, in which U.S. Bancorp will buy MUFG Union Bank's core
regional banking franchise for about $8 billion in cash and stock,
would boost U.S. Bank's presence in California and other parts of
the West Coast.
(END) Dow Jones Newswires
September 21, 2021 15:15 ET (19:15 GMT)
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