News Highlights: Top Company News of the Day
Lego Builds on Its Position as World's No. 1 Toy Maker
The Danish toy maker reported a 46% rise in first-half sales,
saying it had shrugged off the Covid-19 pandemic and its disruption
to global supply chains.
Facebook Asks Oversight Board for Guidance on Rules for High-Profile Users
The board-an outside body that Facebook created to ensure the
accountability of its enforcement systems-recently cited
inconsistencies in the way Facebook makes content decisions, after
a WSJ investigation.
Amazon Event Today: Expect Echo Updates and a Little Weirdness
Amazon's devices group is streaming a media event Tuesday where
it's expected to unveil updates to smart speakers and other main
products-plus some oddball gadgets.
Thoma Bravo Sells Stake in Command Alkon to HeidelbergCement
Software-focused private-equity firm Thoma Bravo is selling a
45% stake in Command Alkon, a provider of supply-chain-management
software for the heavy construction industry, to HeidelbergCement
for more than $1.7 billion.
Google Faces Pushback in Australia Over Online Ad Fees
Competition watchdog says tech giant has too much influence in
online advertising services and new regulations are needed to level
the playing field.
Sunac Leads Rebound in Chinese Property Stocks
The real-estate developer played down a leaked request for
government help, and the country's central bank said it wants
healthy development of the property market.
Exxon, Chevron Lack a Certain Je ne Sais Quoi
Investors seem to prefer major U.S. oil companies'
energy-transition plans compared with their European peers. The
jury is still out.
Amazon to Defend Firing of Workers Following Complaint
An administrative law judge is set to hear a case brought by a
workers' union claiming that two Amazon employees were wrongly
fired for "their support for fellow Amazon employees' working
Startup Aims to Help Landlords Reward Reliable Tenants
Watson Living, which has raised a seed round, is one of several
startups offering rent-rewards programs.
Sanofi Ends a Covid-19 Vaccine Effort
The French pharmaceutical company won't proceed with the
development of one of its experimental Covid-19 vaccines, saying it
didn't make sense to go forward in an already-crowded market.
(END) Dow Jones Newswires
September 28, 2021 13:00 ET (17:00 GMT)
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