News Highlights: Top Company News of the Day
Citigroup Applies for China Securities License
The Wall Street bank joins JPMorgan, Goldman Sachs and others in
seeking a deeper foothold in the country.
Lyft Poaches Amazon Executive to Lead Its Finances
Lyft poached an Amazon 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
Musk's Tesla Share-Selling Spree Tops $10 Billion
Elon Musk has now unloaded more than $10 billion in Tesla stock
as the billionaire's share-selling spree involving his holdings in
the electric-vehicle maker stretched into a second month.
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.
Didi to Delist From U.S., Seek Shift to Hong Kong
Didi Global plans to delist its shares in the U.S. and pursue a
listing in Hong Kong, a dramatic reversal just months after the
Chinese ride-hailing group's ill-fated initial public offering in
Chinese Developer Kaisa Fails to Pull Off Bond Swap
Chinese property developer Kaisa Group failed to persuade
bondholders to agree to a $400 million debt swap and warned it
might not be able to repay creditors when the bonds it was trying
to exchange mature next week.
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
(END) Dow Jones Newswires
December 03, 2021 03:15 ET (08:15 GMT)
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