News Highlights: Top Company News of the Day
German Fintech N26 Again Draws Regulatory Scrutiny
The startup bank, newly valued at $9 billion, must temporarily
limit new customer sign-ups while it improves its internal
Reddit Seeks More Individual Investors for Share Offering
'I want our users to be shareholders, and I want our
shareholders to be users,' CEO Steve Huffman said of the platform's
plans to go public, adding that market changes have improved small
investors' access to new offerings.
Rent the Runway Targets Valuation of Up to $1.5 Billion in IPO
The company's IPO would cap a comeback for the clothing-rental
Clayton Dubilier & Rice to Triple Money on $2.5 Billion Sirius Computer Sale to CDW
The private-equity firm initially invested $414 million in 2019
to acquire Sirius Computer Solutions Inc., which it agreed to sell
to CDW Group for $2.5 billion.
ViacomCBS CEO Calls Uproar Over Content Inevitable Amid Chappelle Outcry
Bob Bakish appeared at The Wall Street Journal's Tech Live
conference, discussing ViacomCBS's streaming strategy and its
posture on mergers.
Toyota, Stellantis to Build EV-Battery Factories in the U.S.
The auto makers are investing billions of dollars in U.S.
battery factories as part of a push to sell more electric
Zillow Says It Can't Buy Any More Homes This Year
The real-estate company said it was experiencing backlogs
related to renovating the homes and that it faces constraints for
Google CEO Sundar Pichai Calls for Government Action on Cybersecurity, Innovation
Sundar Pichai said the U.S. government should take a more active
role in policing cyberattacks and encouraging innovation with
policies and investments.
State Street Profit Increases 29% on More Assets, Market Gains
Assets under management climbed to $3.86 trillion, driven by
higher market prices and the flow of client money into ETFs.
Amazon Seeks to Hire 150,000 Seasonal U.S. Workers
The push to increase workforce comes as U.S. labor market
remains tight ahead of holidays.
(END) Dow Jones Newswires
October 18, 2021 17:15 ET (21:15 GMT)
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