News Highlights: Top Company News of the Day
Starbucks Union Battle to Be Decided by Baristas in Labor-Friendly Buffalo, N.Y.
Dozens of baristas and other workers at three Starbucks cafes in
the Buffalo, N.Y., area are set to finish voting today on whether
to organize, potentially bringing another union to New York state's
Allergan Reaches $200 Million Opioid Settlement With New York Authorities
The agreement settles claims that AbbVie unit helped create a
public nuisance by allowing opioids to flood the region, according
to the company and the state attorney general's office.
Finra Fines Wells Fargo $2 Million Over Record-Keeping Lapses
Wells Fargo failed to properly maintain certain client records
and only informed Finra of the issue more than three years after
first discovering it, according to the regulator.
Deutsche Post DHL Names Tobias Meyer as CEO
Longtime company executive Tobias Meyer will succeed Frank Appel
as CEO of the express and logistics giant.
Pfizer Says Booster Neutralized Omicron but Variant May Elude Two Doses
Pfizer and BioNTech said that a third dose of their Covid-19
vaccine neutralized the Omicron variant in lab tests but that the
two-dose regimen was significantly less effective at blocking the
McDonald's to Back Diverse Restaurant Owners
The chain said it would offer $250 million in low-interest loans
to new franchisees over the next five years as a way to help
increase diverse ownership of its U.S. restaurants.
SoftBank Leads $300 Million Investment in Mental-Health Startup Cerebral
Latest financing for the telemedicine company values it at $4.8
Nestlé Sells $10 Billion of L'Oréal Shares Back to Beauty Giant
The maker of Nescafé coffee and Purina petfood said it would
sell 22.26 million L'Oréal shares back to the French company,
allowing the world's biggest packaged-food maker to capitalize on a
rally in the beauty giant's share price.
Southwest Airlines Has Good News on Revenue, Fuel Costs
The airline said fourth-quarter revenue will be down 10% to 15 %
vs. the fourth quarter of 2019, compared with previous estimates of
a 15% to 25% fall.
Amazon Outage Disrupts Lives, Surprising People About Their Cloud Dependency
For many consumers, the blackout was an awakening to how many
internet-enabled devices they now have in their homes and how much
even some of their most basic daily needs depend on a connection to
(END) Dow Jones Newswires
December 08, 2021 15:15 ET (20:15 GMT)
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