News Highlights: Top Company News of the Day
GM Presses White-Collar Staff Who Haven't Reported Covid-19 Vaccination Status
General Motors warned salaried workers that they face
administrative action if they fail to comply with a corporate
mandate to report their vaccination status.
United Airlines Is Fined $1.9 Million for Runway Delays
United Airlines Holdings Inc. faces a $1.9 million fine for 25
flights the Transportation Department said violated its rule
prohibiting long tarmac delays, the largest fine it has issued for
PG&E to Face Manslaughter Charges Over 2020 Wildfire
A California prosecutor has filed an array of criminal charges
against the utility in connection with the Zogg Fire, which killed
Sequential Moves Closer to Selling Joe's Jeans, Jessica Simpson Brands
Bankrupt licensing business Sequential Brands said a potential
buyer of its Joe's Jeans line has raised its offer by 18%, while
Jessica Simpson and her family are closer to finalizing a bid for a
majority stake in her lifestyle collection.
Carnival's Third-Quarter Revenue Jumps from Year Ago
The cruise giant made $546 million in revenue for the third
quarter, a Carnival spokesman said, substantially higher than the
$31 million reported in the same period last year, but still far
below pre-pandemic levels.
Huawei CFO Meng Wanzhou Reaches Deal With Justice Department
Under the agreement, Ms. Meng admitted to some wrongdoing in
exchange for prosecutors deferring and later dropping wire and bank
EQT Faces Probe Over Disclosure of Share Sale
The private-equity giant is under investigation by Sweden's
regulator for potential market abuse over the timing of its
disclosure that it allowed its partners to sell about $2.7 billion
worth of company stock a year ahead of schedule.
Evergrande Auditor Gave Clean Bill of Health Despite Debt
Last year the property developer offered deep discounts to keep
sales growing and the Chinese government effectively said it had
borrowed too much, yet its auditor gave it a clean bill of
Ad Giant WPP to Pay $19 Million to Resolve SEC Investigation
International advertising giant WPP is set to pay $19 million to
settle a Securities and Exchange Commission probe into whether its
rapid overseas expansion involved violations of the Foreign Corrupt
HNA Group Chairman Chen Feng, CEO Adam Tan Detained by Police
The embattled Chinese conglomerate said the pair are suspected
of committing crimes and have been detained, but its operations
haven't been affected.
(END) Dow Jones Newswires
September 24, 2021 17:15 ET (21:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.