News Highlights: Top Company News of the Day
September 23 2021 - 7:30AM
Dow Jones News
China Prepares for Downfall of Debt-Laden Evergrande
Beijing, reluctant to bail out the country's most heavily
indebted property developer, is asking local officials across the
country to prepare for a "possible storm."
New Platform Backed by Fidelity, Goldman Seeks to Bring IPO Market Into Digital World
Capital Markets Gateway looks to transform a business long
accustomed to phone calls and pieces of paper.
Microsoft Keeps Surface in Its Place
Microsoft's new devices come as a reporting change makes clear
that hardware is but a small piece of the software giant's growing
pie.
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
air-travel demand.
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.
Mothers Are Postponing the Return to Work. Amazon and Other Companies Are Trying to Bring Them Back.
Among other things, employers are making re-entry easier and
increasing child-care support.
Banks Share Data to Block Cyberattacks
As the number and sophistication of cyberattacks jumps,
financial firms are sharing more threat intelligence with each
other, according to the Financial Services Information Sharing and
Analysis Center, a nonprofit group that facilitates the exchange of
cybersecurity intelligence.
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.
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.
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
part-time role.
(END) Dow Jones Newswires
September 23, 2021 07:15 ET (11:15 GMT)
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