share_log

News Highlights: Top company news of the day

Dow Jones Newswires ·  Nov 5, 2021 11:25  · Markets

Justice Department Probing Electric-Van Maker Workhorse, Documents Show 

$Workhorse(WKHS.US)$ is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.

Pfizer Says Covid-19 Pill Is 89% Effective in Study 

The drug company plans to seek FDA authorization of a treatment that patients could take at home to keep them out of the hospital.$Pfizer(PFE.US)$

Square's Future Needs to Take Shape 

Without the tailwind of stimulus checks, $Square(SQ.US)$ has to see some of its longer-term moves start to pay off.

Boeing Shareholders Reach Settlement in 737 MAX Board Oversight Suit 

Current and former directors' insurance companies are expected to pay $Boeing(BA.US)$ about $225 million, while the company will hire an ombudsman and appoint a director with aviation safety experience.

Fake News Release Claims Kroger to Accept Bitcoin Cash 

The supermarket operator said the release, which was posted to its investor relations' page, was fraudulent and should be disregarded.$The Kroger(KR.US)$

Airbus Deliveries Slip Amid Supply-Chain Struggles 

Hiccups in European plane maker $AIRBUS SE(EADSY.US)$'s supply chain disrupted the company's ambitions to rapidly return to pre-pandemic production levels.

Lions Gate Explores Starz Separation 

The production company says its options include selling or spinning off the pay-TV and streaming business.

Cybersecurity Companies Are Raking in Millions. Many Don't Turn Profits. 

Share prices of most publicly traded cybersecurity companies have risen during the pandemic, but profits haven't necessarily materialized.

Blockchain.com Hires Deutsche Bank Executive as First Compliance Chief 

Blockchain.com, which provides a variety of cryptocurrency services to individual investors and institutional clients, has hired its first chief compliance officer as it looks to keep up with rapid growth while developing legal frameworks for its business.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment