News Highlights: Top Company News of the Day
September 23 2020 - 5:30PM
Dow Jones News
TikTok Asks Judge to Halt Trump's Download Ban
The video-sharing platform asked a federal judge to stop the
Trump administration from imposing a ban on the popular
video-sharing app over national-security concerns.
Wells Fargo CEO Apologizes for Comment on Recruiting Black Employees
Wells Fargo Chief Executive Charlie Scharf apologized in a
letter to employees for his remarks related to recruiting Black
talent.
Disney Bumps 'Black Widow' to 2021 in Schedule Reshuffle
Disney said it would change the release dates for 10 upcoming
films, postponing the Marvel spinoff 'Black Widow' until May and
delaying Steven Spielberg's remake of 'West Side Story' by one year
to December 2021.
Chinese State Media Signal Beijing's Disdain for TikTok Deal
Chinese denouncements of a plan to turn TikTok into a U.S.-based
company increased doubts about China's approval of a deal that
would see the app join with Oracle and Walmart.
Nikola's Talks With Energy Firms Stalled Following Short-Seller Report
The electric-truck maker's pursuit of a deal with BP and other
energy companies on hydrogen-refueling stations have paused, the
first outward indication that allegations against Nikola are
affecting its business plan.
Volkswagen Takes Aim at Tesla With Electric SUV
Volkswagen took the wraps off its ID.4 all-electric
sport-utility vehicle in a bid by the world's largest car maker to
challenge Tesla and re-energize a problem-ridden electric-vehicle
strategy.
DOJ to Seek Curbs on Immunity for Internet Companies
The Justice Department submitted a proposal to Congress to curb
longstanding legal protections for internet companies like
Facebook, Alphabet's Google and Twitter.
General Mills Aims to Protect Coronavirus Sales Boost
Grocery sales are moderating, prompting food makers to make
marketing and operational changes.
Pilgrim's Pride CEO Jayson Penn Leaves Company
Pilgrim's Pride said its president and chief executive, who was
put on leave after being indicted in June, has exited the
company.
Johnson & Johnson Begins Final-Stage Testing of Covid-19 Vaccine
J&J said it could learn pivotal results from its coronavirus
vaccine trial by early next year, which if positive could lead to
government authorization of the shot for emergency use soon
afterward.
(END) Dow Jones Newswires
September 23, 2020 17:15 ET (21:15 GMT)
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