News Highlights: Top Company News of the Day
The separation of Johnson & Johnson's consumer-health
products, including baby powder and shampoo, is expected to be
completed next year.
Lego Sales Soar Despite Economic Uncertainty
The Danish toy maker said demand for its colorful bricks
remained strong despite the fragile state of the world economy.
Cineplex Looks to Revive Regal Merger After Cineworld Bankruptcy
Canadian movie theater chain Cineplex has approached lenders to
its bankrupt rival Cineworld about reviving a potential merger with
the U.K. company's Regal Entertainment franchise, according to
people familiar with the matter.
Unilever Goes Back to the Drawing Board With Accessible Deodorant Design
The prototype, the winner of design and innovation awards, was
deemed unsuitable for mass production after further testing.
Burberry Taps British Designer Daniel Lee as Creative Director
The appointment of the award winning designer comes as the
fashion house aims to anchor its identity and leadership in the
Alzheimer's Drug Slows Disease Progression in Trial
Eisai and Biogen said their experimental Alzheimer's drug
significantly slowed progression of the memory-robbing disease in a
large study, bolstering the drug's prospects of approval.
Apple won't boost production of iPhone 14 due to slower demand: report
Bloomberg News reported Tuesday night that an expected surge in
demand failed to materialize.
Chinese Developer CIFI Shares Dive Amid Default Concerns
Shares of CIFI Holdings fell sharply on Wednesday, following
reports that an entity related to the Chinese developer had missed
a debt payment.
Banks Fined $1.8 Billion Over Use of Banned Messaging Apps
Eleven banks and brokerages, including Goldman Sachs and Bank of
America, admitted they violated rules that require storage of
Tyson Foods Promotes Chairman's Son to CFO Role
Tyson promoted the chairman's son to be its new finance chief as
the meat producer navigates higher costs for worker wages and
(END) Dow Jones Newswires
September 28, 2022 09:15 ET (13:15 GMT)
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