News Highlights: Top Company News of the Day
January 20 2022 - 5:15AM
Dow Jones News
Unilever Walks Away From Glaxo Consumer-Healthcare Deal
Unilever, maker of Dove soap and Ben & Jerry's ice cream,
said it won't boost its $68 billion offer for GlaxoSmithKline's
consumer healthcare business, effectively ending its effort to buy
the maker of Aquafresh toothpaste and Advil pain relievers.
United Airlines Says Omicron Variant to Slow Travel Rebound
The carrier is scaling back its flight schedule for early this
year amid a falloff in demand, but says the setback will be
temporary.
Owner of Bankrupt 737 MAX Supplier Challenges Boeing's Legal Release
Stony Point Group takes issue with legal protection the
aerospace giant is getting in Tect's chapter 11 liquidation
Flight Disruptions Ease as 5G Goes Live
Stable weather and changes following wireless carriers'
temporary concession to address air-safety concerns helped blunt
cancellations on the first day of the new services' rollout.
Sony Expects Microsoft to Keep Activision Games Multiplatform
Sony Group said it expected Microsoft Corp. to ensure that games
from Activision Blizzard Inc. are available on non-Microsoft
videogame platforms after its proposed acquisition of
Activision.
Puma 2021 Tops Hopes After Strong Fourth Quarter
Puma posted earnings of EUR65 million in the fourth quarter,
according to preliminary figures, but a 14% rise in sales helped
the sporting-goods company beat raised targets for the full
year.
Alstom Expects Sales Progress as Production Gathers Pace
Alstom booked sales of EUR3.9 billion for the third quarter,
fueled by growth in Europe, and confirmed its outlook including
progress in sales in the second half of fiscal 2022.
Citi targets Big Oil in biggest step among major banks on climate change
Citigroup wants companies across its energy loan portfolio to
secure "absolute reduction" of emissions of 29% by 2030, a stiffer
guideline than most banks.
Chicago Public Media to Acquire Chicago Sun-Times
Chicago Public Media, owner of public radio station WBEZ, is set
to buy the Chicago Sun-Times, creating one of the nation's largest
nonprofit local-news organizations.
Disney Shakes Up Streaming Management, Forms International Hub
The changes come amid slowing growth in sign-ups for company's
marquee streaming service, Disney+.
(END) Dow Jones Newswires
January 20, 2022 05:00 ET (10:00 GMT)
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