News Highlights: Top Company News of the Day
Major Evergrande Shareholder Looks to Exit Company
One of China Evergrande Group's largest shareholders has pared
its stake in the debt-laden conglomerate and said it could exit the
company amid concerns about the developer's financial
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
California Governor Signs Bill Targeting Amazon Warehouse Quotas
A new California law will require Amazon and other companies to
disclose any quotas or workplace-productivity measures it applies
to workers in the state.
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
Boeing Projects China Would Need 8,700 New Airplanes by 2040
Boeing Co. has raised its 20-year forecast for the Chinese
airline market, projecting that the country would need 8,700 new
airplanes valued at $1.47 trillion by 2040, to meet rising
Renewable-Energy Companies Rise as China Vows to Cut Coal Investment
Shares of Chinese energy companies with growing renewable-energy
operations rallied Thursday after President Xi Jinping said Beijing
would stop building coal-fired power plants overseas as part of
efforts to cut carbon emissions.
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.
Elizabeth Holmes Trial: Jim Mattis Tells Jury He Came to Doubt Theranos Technology
The former defense secretary said he invested $85,000 in the
company and pressed the military to adopt its blood-testing
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.
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.
(END) Dow Jones Newswires
September 23, 2021 05:15 ET (09:15 GMT)
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