News Highlights: Top Company News of the Day
29 January 2021 - 10:30PM
Dow Jones News
Macron Calls for Regulation of Social Media to Stem 'Threat to Democracy'
The French president chided tech companies and political
correctness for allowing ideological extremism to flourish.
Letter to Pimco Executives Alleges Discrimination Toward Women
Current and former employees alleged a pattern of abusive and
discriminatory behavior toward women and urged the executives to
take steps to fix gaps in pay and promotions.
Chevron Emerges From Exxon's Shadow
Chevron's careful strategy has helped it stay off the radars of
activist investors and regulators.
German Markets Watchdog Chief Dismissed Over Wirecard Scandal
BaFin President Felix Hufeld has been dismissed by the German
government following intense criticism over his handling of
accounting scandal.
Shell Ordered to Pay Compensation Over Nigerian Oil Spills
A Dutch court ruled that Nigerian villagers deserved a
yet-to-be-determined payment from the energy giant in connection
with leaking pipelines.
How Apple's Privacy Change Will Hit Facebook's Core Ad Business
Apple's new feature will limit Facebook's ability to collect
data from apps-information that allows its advertisers to target
their ads efficiently.
AstraZeneca's Covid-19 Vaccine Wins EU Green Light
The European Union's drug regulator recommended use of a
Covid-19 vaccine from AstraZeneca, but the approval is unlikely to
quell growing political furor over its effectiveness, production
problems and availability.
SEC to Review Brokers' Restrictions on GameStop, AMC Trading
Securities regulators said they plan to closely review the
actions of some brokerage firms that moved to restrict investors'
ability to trade volatile stocks such as GameStop this week.
J&J Covid-19 Vaccine Was 66% Effective in Late-Stage Study
Johnson & Johnson, one of the world's biggest health-care
companies, said it would ask American regulators in early February
to authorize use.
Robinhood Raises $1 Billion to Meet Surging Cash Demands
The infusion is meant to help the company meet rising demands on
its cash stemming from recent frenzied trading.
(END) Dow Jones Newswires
January 29, 2021 17:15 ET (22:15 GMT)
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