Clearlake Capital to Buy Quest Software From Francisco Partners 

The deal values the former Dell unit at $5.4 billion, including debt, sources say.

Amazon Expands Delivery Network to Handle Holiday Crunch 

Amazon has blanketed the country with more than 450 new facilities used to store, sort and ship items, doubling down on a logistics empire that aims to deliver items in one day or less, and increasingly without the help of third-party shippers.

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. The company hopes to recapture a degree of the prominence it held in the EV race after its pioneering introduction of the Leaf more than a decade ago.

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 travel.

Telecom Italia CEO Resigns 

Telecom Italia said its Chief Executive Luigi Gubitosi has resigned and that the board would start to consider the takeover offer by KKR.

BP Plans Green Hydrogen Hub in England 

BP said it planned a major green hydrogen project in Teesside, that could deliver up to 500 megawatts of electricity by 2030, mainly to fuel heavy transport.

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.


(END) Dow Jones Newswires

November 29, 2021 07:15 ET (12:15 GMT)

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