News Highlights: Top Company News of the Day
Celsius CEO Alex Mashinsky Steps Down
The crypto lender, which filed for bankruptcy in July, said it
had more than $20 billion in assets at its peak.
Musk and Twitter Set to Argue Over Unresolved Information Requests
Lawyers for Elon Musk and Twitter are set to debate several
pending requests for information in their continuing legal fight,
with less than three weeks to go before a scheduled trial over a
soured $44 billion takeover.
António Horta-Osório Adds Cerberus Role to Post-Credit Suisse Portfolio
The veteran banker has joined Cerberus Capital Management as a
senior adviser in Europe, adding to a set of new roles since he was
forced to resign from Credit Suisse.
Hertz, BP Partner on Electric-Vehicle Charging Stations
Deal to develop a network of charging stations across North
America comes as the car-rental company says it has tens of
thousands of electric vehicles in its fleet.
Chinese Company Aims to Sell 3 U.S. Resorts for $1.3 Billion
Dajia Insurance is trying to capitalize on a surge in travel
after taking over the properties from China's Anbang Insurance.
Apple Turns to the Pros
Latest iPhone Pro models in strong demand-good news for the tech
giant in a slowing market.
Qualcomm CFO Focuses on Investing in Budding Automotive Business
Qualcomm finance chief Akash Palkhiwala is weighing how much to
allocate toward the company's growing automotive-chip business as
consumer demand for smartphones continues to slow.
Best Buy, Home Depot Lock Up Goods to Fight Theft
Many retailers use a risk algorithm to determine which items to
lock up and in what locations. But the tactic risks annoying
customers and investors.
Brett Favre's SiriusXM Show Is On Hold
The former NFL star was among multiple people named in a May
civil lawsuit over allegedly misused federal funds. Mr. Favre has
denied any wrongdoing and hasn't been charged with any crime.
FTX Wins Auction for Bankrupt Crypto Broker Voyager Digital's Assets
Sam Bankman-Fried's crypto exchange FTX won an auction for the
assets of Voyager Digital with a bid valued at $1.42 billion.
(END) Dow Jones Newswires
September 27, 2022 11:00 ET (15:00 GMT)
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