News Highlights: Top Company News of the Day
Credit Suisse Chairman to Exit After Breach of Covid-19 Rules
António Horta-Osório is leaving the bank following an
investigation into his personal use of corporate aircraft and
travel that violated Covid-19 quarantine rules.
Unilever Makes Approach for Glaxo's Consumer-Healthcare Business
Unilever said it approached GlaxoSmithKline and Pfizer about a
potential acquisition of their consumer-healthcare joint venture, a
deal that would reshape the company's portfolio as it is under
pressure to accelerate growth.
Unilever Sets Out Ambition to Expand in Health Products
The Dove soap maker laid out its biggest strategic shift in
years after disclosing a $68 billion approach for GlaxoSmithKline's
LSE Proposes Special Listings for Private Companies
The London Stock Exchange is seeking to blur the line between
public and private companies, part of a plan to attract technology
firms to list in the U.K. in the wake of Brexit.
China Probes a Sam's Club Store Over Food-Safety Issues
The local regulator's investigation into a Walmart-owned store
comes as China steps up scrutiny into U.S. retailer.
Elon Musk's Tesla Asked Law Firm to Fire Associate Hired From SEC
Long dismissive of regulators, the Tesla boss has recently aimed
his ire at individuals with ties to regulatory agencies with which
he has sparred.
Citigroup, GE Diverge on Vaccine Mandate
American businesses are taking different paths after a Supreme
Court ruling against the Biden mandate for big employers.
Macau Casino Stocks Jump on New Draft Law
Macau casino stocks jumped Monday as investors welcomed a new
draft law for the industry that grants a maximum of six casino
licenses, alleviating fears that some casinos' license renewals
might be at risk.
Some Starbucks, Chipotle Sites Limit Hours, Seating
The nation's restaurant industry is facing labor shortages and
reduced service as the spread of the Omicron variant of Covid-19
Databricks Ventures Seeks Startups Aligned With the 'Lakehouse'
Andrew Ferguson, head of the new venture unit, talks about
finding young companies that believe in parent company Databricks
Inc.'s analytics platform.
(END) Dow Jones Newswires
January 17, 2022 17:15 ET (22:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.