News Highlights: Top Company News of the Day
FDA Clears Covid-19 Booster Shots From Pfizer for High-Risk People
The third dose of the vaccine was authorized for people who are
65 years or older or at high risk of severe Covid-19, including
from their jobs.
Chinese Estates Plans to Divest Evergrande Stake
Chinese Estates (Holdings) Ltd. plans to sell all of its shares
in China Evergrande Group, as the property investment company is
worried about the recent stock-price volatility and financial
condition of debt-laden Evergrande.
Facebook's Chief Technology Officer to Step Down
Mike Schroepfer, after 13 years at the company and serving as
one of its top executives, is leaving the post to transition to a
BlackBerry 2Q Results Beat Wall Street Projections
BlackBerry Ltd.'s stock rose nearly 10% to $10.48 in extended
trading, following better-than-expected second-quarter results.
Blackstone's Service King Conserves Cash to Weather Traffic Slowdown
Blackstone's Service King has begun to skip cash interest
payments and tapped a line of credit as it faces the continued
effects of higher costs and a decline in U.S. driving during the
Toast, Freshworks Make Strong Market Debuts
The companies are among more than a dozen expected to raise more
than $5 billion through IPOs this week.
SEC Asks Dozens of Companies for More Climate Disclosures
The agency has sent letters to dozens of public companies asking
them to provide more information to investors about how climate
change might affect their financial earnings or business
Facebook Says Apple's Privacy Changes Hurt Digital Ad Measurement
The social-media giant seeks to assure advertisers and suggests
its tools may undercount the effectiveness of campaigns.
Employee Lawsuit Challenges United Airlines Over Vaccine Exemptions
A group of six employees sued the airline over its Covid-19
vaccine mandate, alleging that the airline hasn't made reasonable
accommodations for those seeking religious and medical
FASB Wants More Disclosure on Companies' Supply-Chain Finance Programs
The Financial Accounting Standards Board proposed a rule that
would require companies to disclose key terms and the size of their
supply-chain financing, a move aimed at helping investors better
understand the short-term borrowing mechanism.
(END) Dow Jones Newswires
September 22, 2021 23:15 ET (03:15 GMT)
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