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News Highlights: Top Company News of the Day

Dow Jones Newswires ·  Jul 31, 2021 06:26

Elon Musk Sides With 'Fortnite'-Maker Epic in Battle Over Apple App Store Fees

Tesla chief executive calls Apple fees 'a de facto global tax on the Internet.'

Bezos' Blue Origin Rebuffed in Contract Protest

A federal agency upheld the decision to make Elon Musk's SpaceX the sole winner of a contract to develop a moon lander for NASA.

Scarlett Johansson's Agent Rips $Walt Disney Company(DIS.US)$ Over 'Black Widow' Dispute

Creative Artists Agency has stepped into the fight between Scarlett Johansson and Walt Disney over financial fallout from the streaming release of "Black Widow," accusing the studio of attacking her character.

$Walmart Inc(WMT.US)$$Walt Disney Company(DIS.US)$ to Require Vaccines for Some U.S. Staff

Walmart and Disney are requiring thousands of their U.S. workers to get vaccinated for Covid-19 amid a shift in federal health guidelines and rising U.S. cases in recent weeks.

Big Oil Companies, Back in the Money, Keep Spending Tight

Exxon and Chevron reported strong profits as some economies recover from the pandemic, but the oil giants, like their European counterparts, preach capital discipline.

$Amazon.Com Inc(AMZN.US)$ Hit With Record EU Privacy Fine

The fine, which Amazon disclosed Friday in a securities filing, was issued two weeks ago by Luxembourg's privacy regulator and accompanied by an order to revise certain business practices that Amazon didn't specify.

$Colgate-Palmolive Co(CL.US)$ Profit Rises in 2Q

Colgate-Palmolive Co. said Friday that profit rose in the second quarter, benefiting from a rise in revenue, but cost pressures are expected to continue into the second half of the year.

$Procter & Gamble Co(PG.US)$ Warns of Higher Costs and Slower Sales

The consumer goods company gave a somber outlook for the year ahead, predicting slower sales and historically high costs for raw materials and transportation as inflation picks up and the global health crisis continues.

$Tesla, Inc.(TSLA.US)$ Battery Catches Fire at Utility Storage Project in Australia

The fire broke out where France's Neoen SA is installing 210 Tesla Megapacks as part of a 300-megawatt battery storage project.

(END) Dow Jones Newswires

July 30, 2021 19:00 ET (23:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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