News Highlights: Top Company News of the Day
25 September 2021 - 12:30AM
Dow Jones News
GM Presses White-Collar Staff Who Haven't Reported Covid-19 Vaccination Status
General Motors warned salaried workers that they face
administrative action if they fail to comply with a corporate
mandate to report their vaccination status.
Finance Chiefs Urge More Companies to Link Debt to Sustainability Goals
A group of finance chiefs from large international companies is
urging peers to tie more of their companies' financing to corporate
sustainability goals.
United Airlines Is Fined $1.9 Million for Runway Delays
The air carrier was cited for 25 flights the Transportation
Department said violated its rule prohibiting long tarmac delays,
with the largest fine it has issued for such violations.
PG&E to Face Manslaughter Charges Over 2020 Wildfire
A California prosecutor has filed an array of criminal charges
against the utility in connection with the Zogg Fire, which killed
four people.
Sequential Moves Closer to Selling Joe's Jeans, Jessica Simpson Brands
Bankrupt licensing business Sequential Brands said a potential
buyer of its Joe's Jeans line has raised its offer by 18%, while
Jessica Simpson and her family are closer to finalizing a bid for a
majority stake in her lifestyle collection.
Carnival's Third-Quarter Revenue Jumps from Year Ago
The cruise giant made $546 million in revenue for the third
quarter, a Carnival spokesman said, substantially higher than the
$31 million reported in the same period last year, but still far
below pre-pandemic levels.
Huawei CFO Meng Wanzhou Reaches Deal With Justice Department
Under the agreement, Ms. Meng admitted to some wrongdoing in
exchange for prosecutors deferring and later dropping wire and bank
fraud charges.
EQT Faces Probe Over Disclosure of Share Sale
The private-equity giant is under investigation by Sweden's
regulator for potential market abuse over the timing of its
disclosure that it allowed its partners to sell about $2.7 billion
worth of company stock a year ahead of schedule.
Evergrande Auditor Gave Clean Bill of Health Despite Debt
Last year the property developer offered deep discounts to keep
sales growing and the Chinese government effectively said it had
borrowed too much, yet its auditor gave it a clean bill of
health.
Ad Giant WPP to Pay $19 Million to Resolve SEC Investigation
International advertising giant WPP is set to pay $19 million to
settle a Securities and Exchange Commission probe into whether its
rapid overseas expansion involved violations of the Foreign Corrupt
Practices Act.
(END) Dow Jones Newswires
September 24, 2021 19:15 ET (23:15 GMT)
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