News Highlights: Top Company News of the Day
Jack Dorsey to Step Down as CEO of Twitter
Parag Agrawal, Twitter's chief technology officer, will replace
Mr. Dorsey as CEO, effective immediately, the company said
Walmart Plans Search for New Finance Chief as Brett Biggs Readies to Leave
Walmart said Brett Biggs plans to leave the company after more
than two decades to pursue new opportunities in both the for-profit
and nonprofit areas.
Nissan, Burned by Experience, Shuns Bold EV Forecasts
The Japanese car maker said it has greater confidence about the
future of electric vehicles in Europe and China but conditions are
too uncertain in the U.S. to make any solid predictions there.
Amazon Expands Delivery Network to Handle Holiday Crunch
Amazon has blanketed the country with more than 450 new
facilities, 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.
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.
Disney's Missing 'Simpsons' Episode in Hong Kong Raises Censorship Fears
The Disney+ service in Hong Kong features 32 "Simpsons" seasons,
but an episode that includes a reference to the 1989 Tiananmen
Square massacre is missing from the lineup.
BP Plans Green Hydrogen Project in U.K. to Power Heavy Transport
BP unveiled plans for a major green hydrogen production project
in the Teesside industrial hub to provide fuel for trucks and other
forms of heavy transport.
Clearlake Capital to Buy Quest Software From Francisco Partners
The deal values the former Dell unit at $5.4 billion, including
debt, sources say.
Did Match Play Dirty in the Dating Game?
Investors are dumping Match amid ongoing litigation risk, but
they may be overthinking things.
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 11:00 ET (16:00 GMT)
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