Redfin Agrees to Buy RentPath for $608 Million 

Real-estate brokerage Redfin Corp. has agreed to buy apartment search site operator RentPath Holdings Inc. out of bankruptcy for $608 million, in a deal that would combine operators of leading U.S. property listing websites for purchasing and renting a home.

Honda Taps New CEO for Electric-Vehicle Push 

The car company's new leader, Toshihiro Mibe, is poised to accelerate Honda's move into EVs and build on its growing partnership with General Motors.

Deere Sees Solid 2021 Profit Growth 

Deere logged stronger sales and profit figures for the latest quarter as revenue grew across the company's operating segments and posted a forecast for strong year-over-year profit growth in the 2021 fiscal year.

Facebook Assailed in U.K., Canada After Australia News Blackout 

Facebook removed news from its platform in Australia in response to proposed legislation that could offer a model for other countries that want to require big tech companies to pay publishers for their content.

Herm├Ęs Shows Little Wear From Pandemic 

Despite a threadbare ad budget and no price increases, the French brand was the best performer in the luxury industry last year.

Uber Drivers Entitled to Workers Rights Including Minimum Wage, UK Supreme Court Rules 

The U.K.'s top court ruled that a group of former Uber drivers were entitled to a minimum wage and other benefits while working for the company, dealing a setback to gig-economy firms in battles world-wide over their employment model.

Hedge Fund Bridgewater Reshuffles Leadership Ranks 

Among the changes, Chief Operating Officer Brian Kreiter is leaving and Bridgewater is creating an investment committee to broaden the decision making beyond founder Ray Dalio and the co-chief investment officers.

Pfizer Shot Is Highly Effective After One Dose, Study Shows 

The vaccine generates robust immunity after one dose and can be stored in ordinary freezers instead of at ultracold temperatures, according to new research and data released by the companies.

HSBC Doesn't Have to Give Documents to Huawei CFO, U.K. Judge Says 

The U.K.-based financial institution doesn't need to hand over banking documents requested by Huawei Chief Financial Officer Meng Wanzhou as part of her effort to resist a U.S. extradition order, London's High Court said.

KKR Executive Sees Progress in Push for Employee Stock Ownership 

Giving a stake to workers makes them more engaged and creates a stronger culture, according to Pete Stavros, the buyout firm's co-head of private equity for the Americas.


(END) Dow Jones Newswires

February 19, 2021 15:15 ET (20:15 GMT)

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