News Highlights: Top Company News of the Day
Facebook's Internal Chat Boards Show Politics Often at Center of Decision Making
In hot debates, employees and management spar over allegations
content rules aren't enforced for Breitbart and other right-wing
publishers for fear of public blowback. Other internal documents
show management expresses wariness of appearing biased. In
response, Facebook says it enforces its rules equally and doesn't
consider politics in its decisions.
Sibanye-Stillwater Nears $1 Billion Deal to Acquire Brazilian Mines
The deal is a bet on continued demand for metals used in the
production of electric-car batteries.
Talks Collapse Over Sale of Italian Bank Monte dei Paschi
Italy's government and bank UniCredit had been negotiating over
the sale of the nationalized lender. The end of the talks leaves
little time to find a solution.
Gender-Neutral Toys Gain Ground
New efforts are under way to eliminate gender bias from toys, a
longstanding issue for some companies, parents and advocates.
Supercar Makers Skid Into EV Era
Lamborghini has grown rapidly in recent years within the
Volkswagen group, but now needs to confront battery technology and
more competition from Ferrari.
Andreessen Horowitz to Raise Roughly $6.5 Billion for New Venture Funds
The venture-capital firm plans to use the capital to fuel its
aggressive deal-making pace, according to people familiar with the
Google Charges More Than Twice Its Rivals in Ad Deals, Unredacted Suit Says
The suit by state attorneys general sheds new light on how the
search giant profits from its commanding position in the internet
ABC Says It Fired 'GMA' Producer After Investigating Sexual-Assault Allegations
Walt Disney's ABC said in a legal filing that it fired "Good
Morning America" executive producer Michael Corn last April after
investigating allegations that he sexually harassed and assaulted
two network staffers.
Honeywell Expects to Pay at Least $160 Million to Resolve Bribery Probes in U.S., Brazil
Aerospace and industrial conglomerate Honeywell International
Inc. said Friday it has recorded a charge of $160 million to cover
an expected loss related to bribery investigations by U.S. and
Former Pfizer Scientist Says Theranos Used Pharma Logo Without Permission
A former Pfizer scientist testified he had advised his employer
against working with Theranos more than a year before the startup
altered a report so it featured Pfizer's logo and purported to
validate Theranos's blood-testing devices.
(END) Dow Jones Newswires
October 24, 2021 21:15 ET (01:15 GMT)
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