News Highlights: Top Company News of the Day
May 04 2021 - 2:30PM
Dow Jones News
Bank of America Tech Executives See Promise in 5G, 3-D Printing
Cathy Bessant, Bank of America's chief operations and technology
officer, thinks the bank may one day tap 3-D printing capabilities:
'That technology is much more important than the average person
thinks it is.'
As Decision on Trump Looms, Facebook Preps Its Advertisers
On Wednesday, Facebook's oversight board will decide whether to
allow Donald Trump back on its platform. The company has been
reaching out to ad agencies to explain it has no sway over the
board's ruling.
3 Chip Companies Have Warned. Is It Time to Sell?
Texas Instruments, On Semiconductor, and Power Integrations see
signs of a potential correction. Citi Research analyst Christopher
Danely is keeping Buy ratings on the two he covers.
GE, AT&T Investors Reject CEO Pay Plans
The nonbinding votes against the proposals for GE's Larry Culp
and AT&T's John Stankey highlight investor displeasure with
what some blue-chip companies paid leaders during the pandemic.
Jamie Dimon on Booming Economy and Finally Getting Off Zoom
JPMorgan Chase Chief Executive Jamie Dimon believes a boom is
coming in the American economy but warned that the government could
waste it away if ambitious spending plans aren't held
accountable.
Want to Grab Your Food Order From a Locker? Taco Bell Bets You Do.
At a new outlet in Times Square, customers can order and pick up
food without ever interacting with a human.
Ferrari Hits a Bump
The sports-car maker cut its profit guidance. The stock's high
valuation leaves no room for such surprises.
Avis Budget Is Anything but Cheap
Investors are pricing the rental-car company like a long-term
luxury.
American Airlines, Unilever, Others Oppose Texas Voting Access Laws
Dozens of major companies signed a letter against "any changes
that would restrict eligible voters' access to the ballot" in
Texas, days ahead of an expected vote in the state legislature on a
voting bill.
Vaccine Sales Lift Pfizer's Quarterly Results
The pharmaceutical company expects its Covid-19 vaccine to
generate about $26 billion in sales this year, and the company said
it is working on making the two-dose shot easier to administer and
store.
(END) Dow Jones Newswires
May 04, 2021 15:15 ET (19:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.