News Highlights: Top Company News of the Day
China Evergrande Makes Overdue Interest Payment on Dollar Bonds, State Media Says
China Evergrande made an overdue interest payment to
international bondholders, state media reported, an unexpected move
that allows the struggling property giant to stave off a
U.S. Issued $100 Billion in Export Licenses to Suppliers of Huawei, SMIC
The U.S. Commerce Department issued hundreds of export licenses
for semiconductors and other products to suppliers of the
blacklisted Chinese tech companies, as the global chip shortage
started to bite.
Moderna and J&J Covid-19 Booster Shots Backed by CDC
The director's signoff on extra doses, and on taking a booster
different from one's vaccine, was the final step before shots
become available in U.S.
Western Digital-Kioxia Deal Talks Stall
The steady drop in Western Digital's share price since June was
a factor that cooled merger discussions.
J&J Talc Claims May Not Belong in Charlotte Bankruptcy Court, Judge Says
A bankruptcy judge said he is unsure if his North Carolina
courtroom is the right venue for a Johnson & Johnson subsidiary
to potentially settle tens of thousands of talc-related injury
claims and suggested the case could be moved closer to the consumer
goods giant's New Jersey headquarters.
American, Southwest Say Vaccine Mandate Won't Disrupt Flights
Some aviation unions have pushed back against the requirement,
raising the possibility of service problems during holiday
Renault Cuts Production Outlook on Chip Shortage
Renault said it expects a production loss of around 170,000
vehicles for the third quarter and close to 500,000 for the year
due to a lack of components.
Whirlpool Doesn't See Appliance Shortage Ending Soon
The appliance maker said shortages of dishwashers and
refrigerators are likely to stretch well into next year as
supply-chain problems constrain production and consumer demand
Vista Prepares Pitch for Next Big Software Fund
Vista Equity Partners plans to join the growing list of
private-equity firms pitching large funds focused on technology
Chipotle's Profit Rises as Chain's Burritos Get Pricier
The company's quarterly sales established a record after
Chipotle increased its menu prices to offset higher meat and
(END) Dow Jones Newswires
October 22, 2021 03:15 ET (07:15 GMT)
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