News Highlights: Top Company News of the Day
Clearlake Capital to Buy Quest Software From Francisco Partners
The deal values the former Dell unit at $5.4 billion, including
debt, sources say.
Nissan to Spend $17.6 Billion on Battery-Powered Vehicles Over Five Years
Nissan says that by 2030 half of its vehicles sold will be
powered at least partly by batteries.
Covid-19 Vaccine Makers Assess Omicron Response
Covid-19 vaccine makers have begun lab tests to see whether
existing shots work against the strain, and some have even begun
preparing new vaccines.
Activist Ancora Urges Berry Global to Explore a Sale
Ancora, which owns about 1% of Berry Global, is urging it to
explore strategic alternatives. The packaging manufacturer has a
roughly $9 billion market value.
Airlines Avoid Thanksgiving Pitfalls as Daily Passengers Top Two Million
Carriers say preparations for big crowds paid off after recent
stumbles as the Omicron Covid-19 variant adds new uncertainty to
Australia Seeks to Make Social-Media Firms Liable for Users' Defamatory Comments
The new legislation would create a defense for social-media
companies that disclose details of users when a complaint is made
against their comments.
Companies Respond to New Covid Variant With Concern, Confusion
The Omicron variant is leading U.S. companies in a range of
industries to consider how safety measures could be reinstated, but
many executives are saying they will hold off making changes to
operations until more is known.
Macau Police Question Junket Boss Over Alleged Illegal Gambling Syndicate
Alvin Chau, the chairman of Suncity Group Holdings, was being
held for questioning by police in Macau after authorities in the
eastern Chinese city of Wenzhou issued an arrest warrant.
Hertz-Tesla Deal Signals Rental-Car Providers' Shift to EVs
The rental-car industry is sharpening efforts to add more
battery-powered vehicles to fleets, the latest move among companies
around the world in various industries that are embracing greener
Peloton Sues Lululemon in Fight Over Clothing Line
Peloton Interactive filed suit and is asking a federal court to
declare that its new line of athletic wear doesn't infringe upon
Lululemon Athletica's designs, after Lululemon sent a
(END) Dow Jones Newswires
November 28, 2021 21:15 ET (02:15 GMT)
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