News Highlights: Top Company News of the Day
Snapchat Parent Launches Monthly Subscription Plan
Snapchat+ will cost $3.99 a month and give users access to
Billionaire Mukesh Ambani Begins Putting Succession Plan in Place
The tycoon elevated his son Akash Ambani to chairman of the
board of Reliance Jio Infocomm, providing welcome certainty for
India's most valuable conglomerate.
Bed Bath & Beyond CEO Exits as Sales Plunge
Bed Bath & Beyond replaced Mark Tritton, as the home-goods
retailer's sales plunged due to a mismatch between what its stores
carry and what shoppers want.
Just Eat Says Grubhub Sale Still Possible as Shares Slide
Shares of Just Eat Takeaway.com N.V. hit an all-time low after
the head of its U.S. division said a sale wasn't a definite outcome
for the company's Grubhub online food business, which Just Eat is
Chinese Lithium Giant Targets Up to $1.7 Billion in Hong Kong IPO
Tianqi Lithium Corp., one of the largest producers of lithium
compounds used in electric-vehicle batteries, said it plans to
raise the equivalent of up to $1.7 billion in a Hong Kong initial
Crypto Hedge Fund Three Arrows Ordered to Liquidate by Court
A British Virgin Islands court ordered the liquidation of the
cryptocurrency hedge fund after creditors sued it for failure to
McCormick Cuts Forecasts as Costs Rise. The Stock Is Dropping.
The seasonings maker reported lower earnings and revenue than
Wall Street had expected for the quarter through the end of
General Mills Sales Climb 8% on Higher Prices
The food maker plans additional price increases as inflation
pushes costs up.
Unilever Sells Ben & Jerry's Ice-Cream Business in Israel
The consumer-goods giant is trying to end a controversy after
the brand said it wouldn't sell its products in Jewish
China Eases Regulatory Restraints on Two Tech Platforms
China eases regulatory restraints on two online
platforms-logistics platform Full Truck Alliance Co. and online
recruitment firm Kanzhun Ltd.-signaling it is dialing back a
regulatory campaign that hurt economic activity in the country's
(END) Dow Jones Newswires
June 29, 2022 15:00 ET (19:00 GMT)
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