News Highlights: Top Company News of the Day
21 September 2021 - 6:30PM
Dow Jones News
Entain Says It Has Received Takeover Proposal from DraftKings
The betting-and-gambling group, which was responding to media
speculation, said that any merger would be a combination of cash
and DraftKings' stock.
McDonald's Plans to Make Happy Meal Toys More Sustainable
The fast-food chain is shifting some of its toys to plant-based
materials, and the new toys will begin appearing in the U.S. in
January
Justice Department Preparing to Challenge American-JetBlue Pact
The department's antitrust division expects to file a lawsuit as
soon as Tuesday arguing the airlines' agreement is
anticompetitive.
AutoNation Taps Auto Veteran as New CEO
Former Fiat Chrysler chief Mike Manley will lead the largest
publicly traded car-dealership chain in the U.S., succeeding
company veteran Mike Jackson.
Google to Buy NYC Office Building for $2.1 Billion
The purchase in Manhattan is the priciest in the U.S. since the
pandemic began.
U.S. Bancorp to Buy MUFG Union Bank for About $8 Billion
The deal, in which U.S. Bancorp will buy MUFG Union Bank's core
regional banking franchise for about $8 billion in cash and stock,
would boost U.S. Bank's presence in California and other parts of
the West Coast.
Hines, Korean Pension Fund Bet Big on San Francisco Comeback
The two plan to redevelop the site of PG&E's office campus
in San Francisco.
J&J Says Covid-19 Vaccine Booster Two Months After First Shot Increases Protection
Johnson & Johnson said a booster dose of its Covid-19
vaccine administered two months after the first shot increased
protection against symptomatic illness in trial participants.
Uber Says First Adjusted Profit Possible This Quarter
The ride-hailing giant said it could reach a measure of
profitability in the current quarter, months earlier than
previously expected, in what would be Uber's first adjusted
earnings since its inception more than a decade ago.
Developer China Evergrande's 'Darkest Moment' Will Pass, Boss Tells Staff
The boss of beleaguered China Evergrande said he expects the
developer to emerge soon from what he called its "darkest moment"
and pledged to deliver the homes it has promised to buyers and
other stakeholders.
(END) Dow Jones Newswires
September 21, 2021 13:15 ET (17:15 GMT)
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