News Highlights: Top Company News of the Day
Didi Global Plans to Delist From NYSE
The Chinese ride-hailing group said it plans to delist in the
U.S. and pursue a listing in Hong Kong.
Google Delays Required Office Return for Employees
The tech company will wait until next year to decide when its
office-return plan will take effect, encouraging staff to come in
as conditions allow.
Lyft Poaches Amazon Executive to Lead Its Finances
Lyft poached an Amazon.com executive to become its next finance
chief, a change in the ride-hailing firm's C-Suite that comes
shortly after the company reached an important profitability
Kaisa Group's Debt Swap Plan Fails to Get Takers
Kaisa Group's plan seeking creditors to agree on a debt swap for
a US$400 million bond maturing next week failed to get many takers,
putting the Chinese real-estate developer at a risk of a
FTC Challenges Nvidia's Deal for Arm Holdings
The Federal Trade Commission sues to block the U.S. chip
supplier's proposed takeover of the chip-design specialist, arguing
the deal is anticompetitive.
Grab Shares Tumble in Trading Debut After Blockbuster SPAC Deal
Shares of the Singapore ride-hailing and delivery company shares
lost more than one-fifth of their value on their first day of
trading in New York.
BuzzFeed Suffers Wave of SPAC Investor Withdrawals Before Going Public
Digital-media outlet is raising about $16 million in its public
listing, and is raising $150 million in convertible debt.
Ulta Beauty stock rallies after Q3 beat shows 'resiliency' of beauty industry
Ulta Beauty Inc. stock rises 5% Thursday after the specialty
retailer reported sales and profit well above Wall Street
expectations and raised its guidance for the year, saying the
results showed the "strength and resiliency of the beauty
China Sets Boeing 737 MAX Directive for Flight Resumption
The Civil Aviation Administration of China ordered certain
software installation and a revision of the flight manual, among
other changes. It didn't specify when China would allow the flights
Kroger's Modest Margins Could Become a Strength
The grocery chain, which reported better-than-expected quarterly
results, continues to invest in price competitiveness, which could
position it well going forward.
(END) Dow Jones Newswires
December 02, 2021 21:15 ET (02:15 GMT)
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