News Highlights: Top Company News of the Day
November 26 2021 - 3:30PM
Dow Jones News
P&G Recalls Old Spice, Secret Antiperspirant Sprays
The company said some products showed traces of benzene, a
cancer-causing chemical, and that customers should throw the sprays
away.
Amazon Trucks Snarled in U.K. Amid Climate Protest Blockades
Activists for a British group campaigning for action on climate
change began blocking roads outside Amazon warehouses, in some
cases erecting metal structures to prevent delivery trucks entering
or leaving the facilities.
Merck's Covid-19 Pill Was 30% Effective in Final Analysis
An experimental Covid-19 pill from Merck and partner Ridgeback
was 30% effective in a final analysis of study results, the
companies said, down from the 50% rate found in an earlier
look.
Black Friday Shopping Is Back, but the Doorbusters Aren't
Millions of Americans will hit stores for Black Friday, but some
retailers are scaling back doorbusters and trying to get consumers
to do more holiday shopping online.
New Covid-19 Travel Restrictions Rattle Airline Industry, Hits Shares
Global airline shares fell amid concerns that the new variant
could take hold elsewhere and trigger broader travel curbs just as
many parts of the world start to fly again.
Chinese Tech Giants Face Economic Drag
China's tech giants are feeling the pinch of an economic
slowdown, adding financial pressure to an industry beset by a bevy
of new regulations this year.
J&J Covid-19 Vaccine Recipients Shift to Other Boosters
About a quarter of fully vaccinated people who got the
drugmaker's single-dose vaccine and a subsequent booster have stuck
with Johnson & Johnson for their second dose, CDC data
show.
China Evergrande's Billionaire Founder Sells $343 Million Stake
Hui Ka Yan, the chairman of Evergrande, sold 1.2 billion shares
in the cash-strapped property company, reducing his stake to 67.9%
from nearly 77%.
Holiday Bargains for Retail Stocks
Stocks of apparel sellers with anything less than a stellar
outlook are seeing steep selloffs. Investors should smell an
opportunity.
Madonna Criticizes Instagram for Removing Photos
The pop-music pioneer with 17 million followers says her post
was censored because part of her nipple was showing.
(END) Dow Jones Newswires
November 26, 2021 15:15 ET (20:15 GMT)
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