News Highlights: Top Company News of the Day
CNN Suspends Chris Cuomo Indefinitely
The network said records released Monday showing how the anchor
aided his brother's response to sexual-misconduct allegations
"raise serious questions."
GlobalFoundries Says Revenue Rose 56% as Chip Shortage Continues
The financial report was the company's first as a public
company, which started trading publicly in October.
Judge Questions If Purdue's Sacklers Abused Bankruptcy System
The federal judge weighing the $4.5 billion settlement between
Purdue Pharma LP and the Sackler family members who own the
OxyContin maker said she had serious concerns about whether they
abused the bankruptcy system by collecting billions of dollars from
the company before it filed for chapter 11 protection.
Salesforce Names Bret Taylor Co-CEO
The appointment comes a day after he was named chairman of
HPE's quarterly earnings blow past estimates
Hewlett Packard Enterprise Co. on Tuesday reported
better-than-expected quarterly earnings and sales in line with
Street estimates, though shares fell 2% in after-hours trading.
Merck's Covid-19 Pill Backed by FDA Advisers
The oral antiviral pill was recently found to be 30% effective
at reducing risk of hospitalization and death in high-risk
Jana Partners Urges Zendesk to Ditch SurveyMonkey Deal
The activist investor owns a big stake in Zendesk and is urging
the customer-service platform to abandon a deal it struck to buy
Momentive Global, parent of web-survey company SurveyMonkey.
Nasdaq to Move Markets to Amazon's Cloud
The exchange said a phased migration to Amazon Web Services will
kick off in 2022 with its U.S. options market.
Twitter Bans Sharing of Private People's Photos, Videos Without Consent
The social-media company said users will no longer be able to
share private media, such as photos and videos, of another person
without their permission, a move aimed at improving privacy and
Zara Parent Elevates Founder's Daughter to Chairwoman
Inditex appointed Marta Ortega Perez as its new chairwoman,
placing a little-known 37-year-old atop one of the world's largest
(END) Dow Jones Newswires
November 30, 2021 23:15 ET (04:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.