News Highlights: Top Company News of the Day
May 06 2021 - 3:30PM
Dow Jones News
NBCUniversal Explores Streaming Its Sports Channels or Selling Them Off
Media giant has weighed options for its regional sports channels
as the company tries to figure out a future for a business under
increasing pressure.
The Athletic Halts Merger Talks With Axios, Eyes New York Times
The sports-media outlet is no longer in discussions with news
publisher Axios, people familiar with the matter said, but it is
still pursuing a tie-up deal and sees the Times as a top
contender.
Moderna Turns First Profit, Boosted by Its Covid-19 Vaccine
The vaccine brought Moderna revenue of $1.73 billion in the
first quarter, but the prospect of a temporary loss of vaccine
patents clouds investors' outlook.
Barbie Maker Mattel Tackles Playtime in a Post-Pandemic World
CEO Ynon Kreiz on the future of screen time, values in the toy
aisle and the continuing evolution of the famous doll.
Pfizer, BioNTech to Donate Covid Vaccines to Tokyo Olympics Athletes
Participants in the Tokyo Olympics and Paralympics will have
access to donated doses of Pfizer Inc. and BioNTech SE's Covid-19
vaccines, the International Olympic Committee said.
With Wayfair, Look Past the Lockdown Boom
Wayfair had an easy first quarter. Some wobbliness can be
expected going forward.
VW Has the Profit to Take On Tesla. Does It Have the Talent?
The German giant reported solid first-quarter results, but they
say little about the nascent electric-vehicle business investors
care most about.
BlackRock at Odds With Warren Buffett's Berkshire Hathaway
BlackRock's support of two shareholder-led proposals highlight
the growing tension between asset managers who are calling for
companies like Berkshire Hathaway to further emphasize ESG issues
and executives such as Warren Buffett who are pushing back.
Ant Looks to Revamp a Controversial Business Without Sparking an Outcry
Ant Group, which has pledged to get all its financial services
fully regulated, is exploring ways to revamp its popular
"mutual-aid" product.
Bud Brewer Taps U.S. Chief as New CEO
Anheuser-Busch InBev appointed the head of its North American
business as its new chief executive, tapping a company veteran to
reinvigorate sales growth and lead it out of the pandemic.
(END) Dow Jones Newswires
May 06, 2021 15:15 ET (19:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.