News Highlights: Top Company News of the Day
Amazon Says More Than 19,000 Workers Have Been Positive for Covid-19
The company said the number of positive cases is below what it
expected for its 1.3 million workers. Amazon has tested thousands
of employees since March and said it would be conducting 50,000
tests a day by November.
Trian Fund Management Takes Stakes in Invesco, Janus Henderson
Shareholder activist Trian Fund Management LP has taken big
stakes in investment firms Invesco Ltd. and Janus Henderson Group
PLC and plans to agitate for deal making aimed at building a rival
to the biggest asset managers in the world.
Vaccine's Development Won't Be Swayed by Politics, Pfizer CEO Says
Pfizer's chief executive sought to assure the drugmaker's
employees that their experimental Covid-19 vaccine wouldn't be
influenced by politics, two days after President Trump mentioned
the company during the debate.
All Remdesivir Supplies to Be Distributed in U.S. by Maker Gilead
The U.S. government is relinquishing control over supplies of
remdesivir, the Covid-19 drug made by Gilead Sciences that had been
in shortage since it was authorized for emergency use in May.
Abu Dhabi's Mubadala Investment Picks Up Stake in Reliance Retail
Abu Dhabi-based sovereign investor Mubadala Investment has
agreed to pump $853.28 million in the retail venture of Indian
conglomerate Reliance Industries Ltd., which will translate into a
Mortgage Lender Caliber Home Loans Prepares for an IPO
Caliber Home Loans is preparing for an initial public offering
that could value the company, one of the largest U.S. mortgage
lenders, at more than $2 billion.
BitMEX Co-Founders Charged With U.S. Rules Violations
Four executives of one of the world's largest exchanges for
trading cryptocurrency derivatives have been charged with violating
U.S. anti-money-laundering rules as authorities ramp up enforcement
Telehealth Startup Hims Strikes Deal to Go Public Through SPAC
The startup, also known as Hims & Hers, said it plans to go
public by merging with a blank-check company in a deal that will
value the combined business at about $1.6 billion.
You Call This Bread? Subway's Is Too Sugary to Count, Irish Court Finds
Ireland's top court says it knows what bread is, and the stuff
Subway uses on its sandwiches isn't it.
Senate Panel Authorizes Subpoenas for Top Social-Media CEOs
Facebook's Mark Zuckerberg, Twitter's Jack Dorsey and Google's
Sundar Pichai are in line to be called to testify on their
companies' legal immunity in managing content on their sites-in the
midst of a national election.
(END) Dow Jones Newswires
October 01, 2020 21:15 ET (01:15 GMT)
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