News Highlights: Top Company News of the Day
AmEx Business Travel Going Public Through Merger With Apollo SPAC
The booking services provider under CEO Paul Abbott is merging
with a blank-check company after it made several acquisitions
during the pandemic.
All Pinterest Wants for Christmas Is Users
Pinterest bulls hoping users will come home to the platform for
the holidays may be disappointed.
Dassault Aviation, Airbus to Supply UAE With Military Aircraft
Dassault Aviation said that it will supply the United Arab
Emirates with 80 Rafale F4 fighter jets as part of wider deal with
the French aerospace industry worth more than EUR17 billion.
Covid-19 Vaccine Demand Strains CVS, Walgreens
Vaccine seekers in some states face waits of days or weeks for
doses as local health officials hustle to improve access to meet
surging demand. CVS, Walgreens and Walmart, which are facing
staffing shortages, now say they may not be able to accommodate
people without appointments.
Citigroup Applies for China Securities License
The Wall Street bank joins JPMorgan, Goldman Sachs and others in
seeking a deeper foothold in the country after ownership
restrictions that were in place for years were lifted.
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
At Block's Base, the Same Square
Changing Square's name to Block might highlight Jack Dorsey's
bitcoin bets, but the stock's value rests on much more than
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.
Chinese Developers Kaisa, Aoyuan Face Growing Debt Challenges
Kaisa failed to pull off a bond swap that would have bought it
more time to repay creditors, while lenders called in loans from
China Aoyuan after credit downgrades.
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
(END) Dow Jones Newswires
December 03, 2021 09:00 ET (14:00 GMT)
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