News Highlights: Top Company News of the Day
Intel to List Shares in Mobileye Unit
Intel Corp. is planning to publicly list shares in its Mobileye
self-driving-car unit, according to people familiar with the
matter, the latest move by Chief Executive Pat Gelsinger to revive
the semiconductor giant's fortunes.
SEC Opens Probe Into Tesla Involving Solar-Cell Activity
A former employee alleges that the company hid fire risks from
public and shareholders.
Saudi Aramco Sells Stake in Natural-Gas Pipeline Business
The move is the state-owned oil giant's latest effort to pull
cash out of its vast energy infrastructure.
Trump, Lucid SPAC Deals Being Investigated by SEC
The Securities and Exchange Commission is probing two of the
most notable SPAC deals struck this year, including the former
president's, a sign that regulators are ratcheting up scrutiny of
Budweiser Tries to Make Beer Stocks Fashionable Again
At his first strategy day, Anheuser Busch InBev's new Chief
Executive Michel Doukeris looked to lure shareholders back from the
VW CEO Likely to Survive Latest Clash With Labor
Herbert Diess could be stripped of some duties as tensions mount
over shift to electric vehicles.
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.
NYSE President Stacey Cunningham to Step Down
Lynn Martin, an executive at NYSE parent Intercontinental
Exchange, has been appointed the next president of the exchange,
succeeding Stacey Cunningham, who will step down at the end of the
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
Chris Cuomo Ends SiriusXM Radio Show
The anchor who was recently fired by CNN said he needed to focus
on next steps during a difficult time for his family.
(END) Dow Jones Newswires
December 06, 2021 21:15 ET (02:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.