News Highlights: Top Company News of the Day
January 16 2022 - 9:30PM
Dow Jones News
Credit Suisse Chairman to Leave Bank Amid Board Probe
António Horta-Osório is leaving the bank following an
investigation into his personal use of corporate aircraft and
travel that violated Covid-19 quarantine rules.
Elon Musk's Tesla Asked Law Firm to Fire Associate Hired From SEC
Long dismissive of regulators, the Tesla boss has recently aimed
his ire at individuals with ties to regulatory agencies with which
he has sparred.
Unilever Makes Approach for Glaxo's Consumer-Healthcare Business
Unilever said it approached GlaxoSmithKline and Pfizer about a
potential acquisition of their consumer-healthcare joint venture, a
deal that would reshape the company's portfolio as it is under
pressure to accelerate growth.
Citigroup, GE Diverge on Vaccine Mandate
American businesses are taking different paths after a Supreme
Court ruling against the Biden mandate for big employers.
Loop, Suez to Build Recycled-Plastic Factory in France
Recycling startup Loop Industries plans to build a plant in
France with waste-management company Suez, aiming to tap demand
from businesses that want to reduce their plastic waste.
LSE Proposes Special Listings for Private Companies
The London Stock Exchange is seeking to blur the line between
public and private companies, part of a plan to attract technology
firms to list in the U.K. in the wake of Brexit.
Some Starbucks, Chipotle Sites Limit Hours, Seating
The nation's restaurant industry is facing labor shortages and
reduced service as the spread of the Omicron variant of Covid-19
crimps operations.
Databricks Ventures Seeks Startups Aligned With the 'Lakehouse'
Andrew Ferguson, head of the new venture unit, talks about
finding young companies that believe in parent company Databricks
Inc.'s analytics platform.
DirecTV to Drop OAN Conservative News Channel
One America News Network faces a sharp reduction in audience
after its largest distributor said it plans to drop the
conservative channel.
Eagle Senior Living Files Bankruptcy to Cope With Covid-19 Costs
Eagle Senior Living, a nonprofit operator of 15 facilities in
seven states, has filed for bankruptcy to restructure its roughly
$235 million in municipal bond debt, the latest continuing-care
community to seek protection from creditors during a pandemic that
has increased labor costs.
(END) Dow Jones Newswires
January 16, 2022 21:15 ET (02:15 GMT)
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