News Highlights: Top Company News of the Day
FDA Bans Juul E-Cigarettes
U.S. health officials order the vaping pioneer to pull its
products after a two-year review.
United Airlines to Cut Newark Flying to Ease Congestion
The airline carrier said it will cut about 50 domestic
departures a day-roughly 12% of its Newark schedule-starting July 1
in an effort to improve operations at the crowded airport.
Netflix Confirms Partnership Talks for Ad-Supported Service
The streaming company is speaking to multiple potential partners
to help it enter the advertising business and may build its own ad
business in the future, Co-Chief Executive Ted Sarandos said.
Ken Griffin Moving Citadel From Chicago to Miami Following Crime Complaints
Billionaire Ken Griffin is relocating his big hedge-fund firm
Citadel from Chicago to Miami, the third major employer to announce
the move of a corporate headquarters from Illinois in the past two
Darden Restaurants Posts Higher Sales as Inflation Dents Profits
Same-restaurant sales rose in each segment but rising labor and
food costs pinched Olive Garden and LongHorn Steakhouse, its two
Moderna's Covid-19 Vaccine for Kids 6 to 17 Years Faces CDC Review
Advisers to the Centers for Disease Control and Prevention are
meeting to consider recommending the shot in one of the last steps
before it becomes more broadly available.
Rite Aid Stock Gains as Revenue Forecast Rises
The pharmacy chain reported a smaller loss than Wall Street had
penciled in. Sales were higher than expected.
Oil Refiners Are an Easy, but Odd, Target for Pump-Price Surge
Refiners are being blamed for surging fuel prices. While they
are logging bumper profits, that tends to be the exception, not the
Sweden's Einride to Test Autonomous Trucks on U.S. Roads
The company will put its chunky self-driving vehicles on short
runs between warehouses in Tennessee under an agreement with GE
Google's Plan for 24/7 Carbon-Free Energy Ran Into Headwinds in 2021
Project delays held back the growth of carbon-free electricity
for the company's data centers but it says its long-term trend is
going in the right direction.
(END) Dow Jones Newswires
June 23, 2022 11:00 ET (15:00 GMT)
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