News Highlights: Top Company News of the Day
Toyota to Build Electric-Vehicle Battery Plant in North Carolina
The auto maker is planning a $1.25 billion investment in rural
Randolph County that would create 1,750 jobs.
BuzzFeed Shares Swing Sharply on First Trading Day Following SPAC Deal Close
Shares of the media company jumped more than 40% at its highs
before giving up all the gains and falling more than 10% on
China's SenseTime Launches IPO Amid Tech-Stock Rout
Artificial-intelligence company SenseTime plans to raise as much
as $767 million in a Hong Kong initial public offering this
Kohl's Urged to Consider Sale by Activist Investor
Activist Engine Capital sent a letter also pressing the
department-store chain to consider a separation of its e-commerce
Jack in the Box to Buy Del Taco Restaurants
The deal valued at $455 million would tie up two West Coast
fast-food chains with more than 2,800 restaurants spanning 25
Lucid Is Subpoenaed by SEC
The electric-vehicle company said regulators are requesting
certain documents in an investigation that appears to concern
certain projections and statements.
China Evergrande's Managed Restructuring Is Under Way; Stocks Sink
The developer's bonds also fell to historic lows, after Chinese
authorities stepped up their involvement in its affairs and the
company moved closer to a reorganization of its hefty international
Amazon Could Be a Late Holiday Bloomer
Amazon.com hasn't had the merriest of holiday seasons yet. But
the e-commerce giant is in a better position than ever to help
shoppers who didn't get on the ball early.
J&J Prepares to Untangle Finances Ahead of Planned Split
Johnson & Johnson is trying to figure out how to divide its
supply chain and substantial financial holdings as part of a
planned split into two publicly traded businesses.
Advertising Market Keeps Growing Much Faster Than Expected, Forecasters Say
The ad market is expanding much faster than forecasters
predicted earlier this year, with GroupM reporting that total
global advertising spend will reach $1 trillion in 2025.
(END) Dow Jones Newswires
December 06, 2021 13:15 ET (18:15 GMT)
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