News Highlights: Top Company News of the Day
Microsoft's Satya Nadella Sells Half of His Shares in the Company
The software maker's chief executive shed holdings valued at
nearly $300 million last week, SEC filings show.
Goldman Expands Benefits to Combat Employee Burnout
The Wall Street firm is offering paid leave for pregnancy loss
and expanding the amount of time employees can take for bereavement
leave among other new benefits in a bid to attract and keep
Jack Dorsey Steps Down as CEO of Twitter
The social-media company said Chief Technology Officer Parag
Agrawal would take the reins effective immediately.
Omicron Variant Has Covid-19 Vaccine Makers Preparing for Worst Case
Testing has just started, but drugmakers have expressed concern
that Covid-19 vaccines won't work as well against the new
Hertz Targets $2 Billion in Buybacks
The car-rental company is boosting share repurchases as it
continues to recover from its pandemic-induced bankruptcy in
Walmart Plans Search for New Finance Chief
The retailer is searching for a new chief financial officer
after Brett Biggs, a 22-year company veteran, said he plans to step
down in early 2023.
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.
(END) Dow Jones Newswires
November 29, 2021 15:15 ET (20:15 GMT)
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