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.
Gold Miners Agnico Eagle Mines and Kirkland Lake to Merge. Both Stocks Fall.
The merger creates a Canadian gold mining giant with a combined
market cap of about $24 billion.
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, to HeidelbergCement in a deal that values the company at
about $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.
Facebook Efforts to Attract Preteens Go Beyond Instagram, Documents Show
Facebook has investigated how to engage young users in response
to competition from Snapchat and TikTok. A 2019 internal
presentation was titled: "Exploring playdates as a growth
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.
(END) Dow Jones Newswires
September 28, 2021 15:15 ET (19:15 GMT)
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