News Highlights: Top Company News of the Day
21 Janeiro 2022 - 9:30PM
Dow Jones News
Google Seeks Dismissal of Ad Practices Suit
The search giant said that the states' complaint focused on
outdated conduct that didn't preclude competition and that the
practices were largely abandoned as the company's ad tech business
evolved.
U.S. Suspends 44 Flights to China Operated by Chinese Airlines
Biden administration move comes after Chinese authorities
canceled some flights from the U.S. and other countries, citing
Covid-19 containment rules.
Kraft Heinz Names New CFO Effective in March
Kraft Heinz's Paulo Basilio intends to step down as chief
financial officer on March 1 and Andre Maciel, currently U.S. CFO
and head of digital transformation, will succeed him.
Morgan Stanley's Gorman Gets $35 Million for 2021
The bank notched record results last year. His pay beat that of
JPMorgan's Jamie Dimon.
Netflix Plunge Deepens Nasdaq's Correction
The streaming giant's shares fell 22% Friday as a selloff in
government bonds and lackluster earnings have eroded demand for the
once-highflying tech trade.
Companies Face Patchwork of Covid-19 Rules After Supreme Court Ruling
Companies will have to fend for themselves-and grapple with
varied state and local requirements-following the high court's
decision to overturn the Biden administration's mandate for large
private employers.
Swedbank Names New Chief Compliance Officer
The Swedish lender has hired Britta Hjorth-Larsen, who currently
serves as head of nonfinancial risk at Bank of Ireland.
Airbus Cancels Qatar Airways Plane Contract, a Rare Move Amid Growing Spat
The cancellation of the $6 billion jet contract is the latest
move in the fight between the world's largest plane maker and the
world's largest long-haul airline.
Intel to Invest $20 Billion in U.S. Chip-Making Facility
Intel plans to invest at least $20 billion in new chip-making
capacity in Ohio, bolstering its semiconductor-production ambitions
as greater demand for digital products and a global chip shortage
have amplified the need for more manufacturing.
Schlumberger Earnings Were Strong. The Stock Is Still Falling.
Shares of the oil services company fall Friday, despite strong
results and guidance.
(END) Dow Jones Newswires
January 21, 2022 19:15 ET (00:15 GMT)
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