News Highlights: Top Company News of the Day
11 May 2021 - 2:30AM
Dow Jones News
NTSB Raises Doubts Fatal Tesla Crash Involved Autopilot
Federal safety officials say video showed Model S owner entering
the driver's seat before trip began.
Novavax Covid-19 Vaccine Faces Delay
A shortage of raw materials will push back several regulatory
and manufacturing targets for the vaccine, which is in the final
stage of testing.
Unions Say Mexican Auto-Parts Maker Is Violating Trade Deal
The complaint would be the first case that seeks to use a new
labor-dispute provision of the USMCA trade agreement signed into
law last year by former President Donald Trump with bipartisan
backing.
Tyson Adds Workers, Breeds Bigger Flocks as Chicken Demand Soars
Understaffed processing lines and problems on farms and
hatcheries have cut into the biggest U.S. chicken producer's output
as it looks to keep pace with rising demand from reopened
restaurants.
Trial Begins for Lawyer Who Sued Chevron Over Ecuador Pollution
Steven Donziger faces criminal contempt charges for allegedly
refusing to obey a federal judge who found he acted corruptly in
Ecuador.
States Urge Facebook to Abandon Plan for Children's Instagram
Attorneys general from 44 states and territories urged Facebook
to change course on a planned version of Instagram for children,
citing concerns about social media's effects on young people.
Marriott Points to Rising Demand Amid Vaccine Rollout
The hotel chain posted a quarterly loss of $11 million, though
it saw demand in leisure travel pick up momentum, especially in ski
and beach resort destinations.
BioNTech's Vaccine Success Sparks Investments in German Biotech
After the company partnered with Pfizer on a vaccine, investors
last year poured $3.7 billion into a sector that has struggled to
raise funding in recent years.
Vice Media Targets Nearly $3 Billion Valuation in Proposed SPAC Deal
Company investors-including Disney, A&E Networks and
TPG-would remain shareholders under the proposed structure.
Colorado Drillers to Combine, as Consolidation Continues in Oil Patch
Bonanza Creek Energy and Extraction Oil & Gas are the latest
to tie up, creating a $2.3 billion company.
(END) Dow Jones Newswires
May 10, 2021 21:15 ET (01:15 GMT)
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