News Highlights: Top Company News of the Day
August 01 2021 - 11:15PM
Dow Jones News
Square Agrees to Acquire Afterpay for $29 Billion in All-Stock Deal
The Australian installment-payment company, which positions its
service as a cheaper and more responsible alternative to a credit
card, will be integrated into Square's Seller and Cash App business
units.
Succession Drama Grips Scholastic: CEO's Sudden Death, an Office Romance and a Surprise Will
Richard Robinson stunned his family by bequeathing his
controlling stake in the "Harry Potter" publisher to senior
executive Iole Lucchese.
Chile Workers at World's Biggest Copper Mine Vote to Strike
The move potentially risks supply disruptions of a key metal as
the world's economy continues to recover from the impact of the
coronavirus pandemic.
Samsung Takes Intel's Chip-Seller Crown, but Bigger Battle Looms
Intel, knocked off its perch as the biggest-revenue chip maker
by Samsung, is looking to take on its South Korean rival in one of
the business world's costliest endeavors: contract manufacturing of
the most-advanced chips.
Oil Search Intends to Recommend New Santos Takeover Proposal
Oil Search Ltd. said it intends to recommend a new takeover
proposal from Santos Ltd. to create an energy company with a market
value of more than $16 billion.
Keppel Makes $1.6 Billion Offer for Singapore Press Holdings
Keppel Corp. has offered to acquire Singapore Press Holdings
Ltd. for $1.62 billion, a move by the conglomerate to build its
property portfolio.
'Jungle Cruise' Debut Is Latest Example of Covid-19, Co-Release Challenges
After several weeks of encouraging premieres, Hollywood's return
to the box office has struggled with middling performances topping
the charts.
Ford's Utility Man Steers Its Commercial-Vehicle Push
Ted Cannis applies a diverse background to a new strategic
imperative: expanding services to those customers buying work
trucks and vans.
FDA Under Pressure to Grant Full Approval to Covid-19 Vaccines
Some schools, hospitals and employers are hesitant to mandate
vaccines while shots are still only authorized for emergency
use.
Two U.S. Companies Seek Continued Tariffs on Imported Solar Panels
Auxin Solar and Suniva plan to ask the U.S. International Trade
Commission to extend the solar tariffs for four years, reigniting a
fight that has split the industry-and could force the White House
to choose sides.
(END) Dow Jones Newswires
August 01, 2021 23:15 ET (03:15 GMT)
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