News Highlights: Top Company News of the Day
Didi Chuxing, China's Ride-Hailing Giant, Unveils U.S. IPO Filing
Didi, which filed under its formal name of Xiaoju Kuaizhi, could
fetch a valuation upward of $70 billion, people familiar with the
American Airlines Invests in Electric Flying Taxis
Investments in the vehicles are part of broader effort by
airlines to spur the development of new, more efficient aviation
technology as they seek to reduce their carbon footprint.
Amazon Faces Possible $425 Million EU Privacy Fine
Luxembourg has circulated a draft decision sanctioning Amazon's
privacy practices and proposing the fine among the bloc's 26 other
Moderna Covid-19 Vaccine Submitted for Authorization in Adolescents
Moderna said it has asked U.S. health regulators to authorize
the use of its Covid-19 shot for adolescents ages 12 to 17,
potentially lining up a second vaccine option for teens by as soon
U.S. Suspends J&J Covid-19 Vaccine Shipments as States Face a Surplus of Expiring Doses
The U.S. government has stopped making the J&J Covid-19
vaccine available to states, as federal and state officials try to
clear a backlog of unused doses before they expire.
Inquiry Into Crown Melbourne Widened to Consider More Allegations
Crown Resorts Ltd. is facing additional scrutiny into its
business practices after Australia's Victoria state widened an
inquiry into its suitability to hold a casino license.
Electronic Arts Discloses Hack of 'FIFA 21' Source Code
No player data was accessed, they company says, adding that it
doesn't believe there is any risk to player privacy.
United Airlines Starts Corporate Venture-Capital Fund
United Airlines Holdings has started a corporate venture-capital
fund that will invest in emerging companies related to travel.
Tesla to Introduce Upgraded Model S to Jump-Start High-End Model Sales
Elon Musk is due to release a redesign of Tesla's Model S luxury
sedan in a bid to reinvigorate demand for a car that helped turn
the company from a niche startup to an electric-vehicle maker with
Judge Dismisses Anti-Money-Laundering Charges Against MoneyGram
The order concludes a settlement agreement the company entered
into in 2012 for failing to prevent mass-marketing and
consumer-fraud phishing schemes.
(END) Dow Jones Newswires
June 10, 2021 23:15 ET (03:15 GMT)
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