News Highlights: Top Company News of the Day
September 22 2021 - 7:15PM
Dow Jones News
Facebook's Chief Technology Officer to Step Down
Mike Schroepfer, after 13 years at the company and serving as
one of its top executives, is leaving the post to transition to a
part-time role.
BlackBerry 2Q Results Beat Wall Street Projections
BlackBerry Ltd.'s stock rose nearly 10% to $10.48 in extended
trading, following better-than-expected second-quarter results.
Toast, Freshworks Make Strong Market Debuts
The companies are among more than a dozen expected to raise more
than $5 billion through IPOs this week.
SEC Asks Dozens of Companies for More Climate Disclosures
The agency has sent letters to dozens of public companies asking
them to provide more information to investors about how climate
change might affect their financial earnings or business
operations.
China Still Beckons U.S. Investors Despite Evergrande Crisis
Some U.S. money managers including Bridgewater and Pimco view a
potential Evergrande default as a step toward tamping down risks in
China.
Facebook Says Apple's Privacy Changes Hurt Digital Ad Measurement
The social-media giant seeks to assure advertisers and suggests
its tools may undercount the effectiveness of campaigns.
Employee Lawsuit Challenges United Airlines Over Vaccine Exemptions
A group of six employees sued the airline over its Covid-19
vaccine mandate, alleging that the airline hasn't made reasonable
accommodations for those seeking religious and medical
exemptions.
FASB Wants More Disclosure on Companies' Supply-Chain Finance Programs
The Financial Accounting Standards Board proposed a rule that
would require companies to disclose key terms and the size of their
supply-chain financing, a move aimed at helping investors better
understand the short-term borrowing mechanism.
Epic Games Says Apple Won't Reinstate Developer Account
CEO Tim Sweeney said Apple told the "Fortnite" videogame maker
that its ability to release software on Apple platforms won't be
reinstated until the legal battle between the two companies
ends.
General Mills Projects Continued Inflation
The packaged-food company is facing hundreds of disruptions
across its operations, ranging from pricier raw ingredients to a
shortage of truck drivers, which executives said will push up
prices for supermarket customers over the months ahead.
(END) Dow Jones Newswires
September 22, 2021 19:00 ET (23:00 GMT)
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