News Highlights: Top Company News of the Day
16 January 2021 - 12:30AM
Dow Jones News
FAA Approves Fully Automated Commercial Drone Flights
Massachusetts-based American Robotics was granted permission to
operate drones without hands-on piloting or direct observation by
human controllers or observers.
Capital One Fined for Anti-Money-Laundering Deficiencies
The Treasury Department said it fined Capital One for "willfully
failing to implement and maintain" effective anti-money-laundering
controls.
America's Big Banks Girded for Bad Loans. They're Still Waiting.
JPMorgan, Citigroup and Wells Fargo all reported
better-than-expected earnings Friday. Reserve releases and Wall
Street powered the results.
Amazon Is Accused of Driving Up the Price of E-Books
A lawsuit filed Friday alleges a pricing deal between e-commerce
giant and top five publishers hurts competition.
Vaccine Shortfall to Hit Europe, Canada as Pfizer Plant Is Upgraded
The European Union, Canada and some other countries will receive
fewer doses next week of the Covid-19 vaccine made by Pfizer and
BioNTech due to an upgrade at Pfizer's European factory. The U.S.
isn't affected.
France Blocks Sale of Carrefour to Canada's Couche-Tard
The French finance minister told the Canadian retailer's
chairman that the nearly $20 billion deal would threaten jobs and
France's food security amid the Covid-19 pandemic.
Chubb Taps Investment Banker as Next Finance Chief
Insurance company Chubb recruited an investment banker to
succeed its longtime finance chief Philip Bancroft, who plans to
retire.
AMC Networks Names ViacomCBS Executive as New Finance Chief
AMC Networks Inc. hired Christina Spade, the former finance
chief of ViacomCBS Inc., to lead its finances through the
coronavirus pandemic and help grow its streaming business.
WhatsApp Delays Rollout of New Privacy Policy After Backlash
The Facebook-owned messaging service acknowledged confusion
among its users over changes in the handling of data.
European Telecom Towers Become Hot Assets Amid 5G Rollout
Telecoms are realizing it is cheaper to share infrastructure
than start from scratch, and independent tower companies may offer
the best deals.
(END) Dow Jones Newswires
January 15, 2021 19:15 ET (00:15 GMT)
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