News Highlights: Top Company News of the Day
November 29 2021 - 07:30PM
Dow Jones News
CNN to Review Records Showing Chris Cuomo's Involvement in Coaching Brother
The network says documents released by office of New York
Attorney General "deserve a thorough review and consideration."
Lululemon Hits Back at Peloton, Sues Over Allegedly Copied Designs
The athletic-apparel maker says new Peloton items are knockoffs,
after Peloton last week asked a court to declare it didn't infringe
on designs
Amazon Alabama Workers to Hold New Union Vote, Labor Official Rules
A federal official has tossed out results from a unionization
vote earlier this year, saying that the company violated labor law
in its campaign against organizing, according to the National Labor
Relations Board.
Microsoft's Nadella Sells Half of His Shares in Company
The software maker's chief executive shed holdings valued at
nearly $300 million last week, SEC filings show.
Schick Owner Edgewell Personal Care Buys Women's Razor Brand Billie
The $310 million deal comes after federal regulators had blocked
a deal for Gillette parent Procter & Gamble to acquire the
startup.
Goldman Expands Benefits to Combat Employee Burnout
The Wall Street firm is offering paid leave for pregnancy loss
and expanding the amount of time employees can take for bereavement
leave among other new benefits in a bid to attract and keep
employees.
Jack Dorsey Steps Down as CEO of Twitter
The social-media company said Chief Technology Officer Parag
Agrawal would take the reins effective immediately.
Omicron Variant Has Covid-19 Vaccine Makers Preparing for Worst Case
Testing has just started, but drugmakers have expressed concern
that Covid-19 vaccines won't work as well against the new
strain.
Hertz Targets $2 Billion in Buybacks
The car-rental company is boosting share repurchases as it
continues to recover from its pandemic-induced bankruptcy in
2020.
Walmart Plans Search for New Finance Chief
The retailer is searching for a new chief financial officer
after Brett Biggs, a 22-year company veteran, said he plans to step
down in early 2023.
(END) Dow Jones Newswires
November 29, 2021 19:15 ET (00:15 GMT)
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