News Highlights: Top Company News of the Day
Supply-Chain Snags Likely to Persist, Three CEOs Say
The chiefs of Intel, Wayfair and Accenture each said that the
disruptions rippling across the U.S. economy are improving for some
companies but that long-term fixes might take much longer.
Facebook Parent to Allow Employees to Delay Return to Offices
Technology company Meta Platforms plans to fully reopen its U.S.
offices in January, though the new program could enable some
workers to come back as late as June.
BlackRock to Pull $2 Trillion in Assets From State Street
State Street was sole custodian for the investing firm's U.S.
exchange-traded fund business for more than a decade.
Weibo Shares Fall in Hong Kong Trading Debut
Shares of Chinese social-media company Weibo Corp. fell in their
trading debut in Hong Kong on Wednesday amid a challenging
environment for Chinese technology stocks.
Wynn Names Gambling-Industry Executive as CFO
Julie Cameron-Doe is set to succeed Craig Billings as the Las
Vegas-based casino operator's finance chief next year.
Facebook's Head of Messenger to Leave Company Next Year
Stan Chudnovsky's resignation is the latest in a series of
high-profile departures from the social-media company.
Amazon Emerges as the Wage-and-Benefits Setter for Low-Skilled Workers Across Industries
In local markets throughout America, the e-commerce giant's
facilities have an impact on inflation, job markets and labor
'The List,' One of the World's Oldest Business Newspapers, Is for Sale
London-listed Informa intends to sell Lloyd's List, a
publication that traces its roots back nearly 300 years.
Citigroup's Jane Fraser Expects to Shed Some Clients for Climate Purposes
The bank will outline its plans for how to respond to clients in
the energy industry.
Kellogg Workers Stay on Strike After Rejecting Tentative Agreement
About 1,400 workers have been on strike for two months,
demanding better pay and enhanced benefits.
(END) Dow Jones Newswires
December 07, 2021 23:15 ET (04:15 GMT)
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