Entain Says It Has Received Takeover Proposal from DraftKings 

The betting-and-gambling group, which was responding to media speculation, said that any merger would be a combination of cash and DraftKings' stock.

McDonald's Plans to Make Happy Meal Toys More Sustainable 

The fast-food chain is shifting some of its toys to plant-based materials, and the new toys will begin appearing in the U.S. in January

Justice Department Preparing to Challenge American-JetBlue Pact 

The department's antitrust division expects to file a lawsuit as soon as Tuesday arguing the airlines' agreement is anticompetitive.

AutoNation Taps Auto Veteran as New CEO 

Former Fiat Chrysler chief Mike Manley will lead the largest publicly traded car-dealership chain in the U.S., succeeding company veteran Mike Jackson.

Google to Buy NYC Office Building for $2.1 Billion 

The purchase in Manhattan is the priciest in the U.S. since the pandemic began.

U.S. Bancorp to Buy MUFG Union Bank for About $8 Billion 

The deal, in which U.S. Bancorp will buy MUFG Union Bank's core regional banking franchise for about $8 billion in cash and stock, would boost U.S. Bank's presence in California and other parts of the West Coast.

Hines, Korean Pension Fund Bet Big on San Francisco Comeback 

The two plan to redevelop the site of PG&E's office campus in San Francisco.

J&J Says Covid-19 Vaccine Booster Two Months After First Shot Increases Protection 

Johnson & Johnson said a booster dose of its Covid-19 vaccine administered two months after the first shot increased protection against symptomatic illness in trial participants.

Uber Says First Adjusted Profit Possible This Quarter 

The ride-hailing giant said it could reach a measure of profitability in the current quarter, months earlier than previously expected, in what would be Uber's first adjusted earnings since its inception more than a decade ago.

Developer China Evergrande's 'Darkest Moment' Will Pass, Boss Tells Staff 

The boss of beleaguered China Evergrande said he expects the developer to emerge soon from what he called its "darkest moment" and pledged to deliver the homes it has promised to buyers and other stakeholders.


(END) Dow Jones Newswires

September 21, 2021 13:00 ET (17:00 GMT)

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