News Highlights: Top Company News of the Day
January 19 2022 - 8:30PM
Dow Jones News
United Airlines Says Omicron Variant to Slow Travel Rebound
The carrier is scaling back its flight schedule for early this
year amid a falloff in demand, but says the setback will be
temporary.
Citi targets Big Oil in biggest step among major banks on climate change
Citigroup wants companies across its energy loan portfolio to
secure "absolute reduction" of emissions of 29% by 2030, a stiffer
guideline than most banks.
Unilever Walks Away From Glaxo Consumer-Healthcare Deal
Unilever, maker of Dove soap and Ben & Jerry's ice cream,
said it won't boost its $68 billion offer for GlaxoSmithKline's
consumer healthcare business, effectively ending its effort to buy
the maker of Aquafresh toothpaste and Advil pain relievers.
Owner of Bankrupt 737 MAX Supplier Challenges Boeing's Legal Release
Stony Point Group takes issue with legal protection the
aerospace giant is getting in Tect's chapter 11 liquidation
Chicago Public Media to Acquire Chicago Sun-Times
Chicago Public Media, owner of public radio station WBEZ, is set
to buy the Chicago Sun-Times, creating one of the nation's largest
nonprofit local-news organizations.
Disney Shakes Up Streaming Management, Forms International Hub
The changes come amid slowing growth in sign-ups for company's
marquee streaming service, Disney+.
Instagram Creators Can Charge for Subscriptions Under New Test Service
Meta Platforms' Instagram is launching trials of a subscription
service that enables creators to charge users for exclusive
content, as social-media companies battle to attract individuals
who can drive traffic to their platforms.
Flight Disruptions Ease as 5G Goes Live
Stable weather and changes following wireless carriers'
temporary concession to address air-safety concerns helped blunt
cancellations on the first day of the new services' rollout.
GM Plans to Expand Use of Fuel Cells
General Motors Co. said its plans to broaden electrification,
expanding use of fuel cells.
ZoomInfo Adds Former U.K. Data-Protection Regulator as Compliance Chief
The business-intelligence platform provider said Simon McDougall
would advise the company on privacy best practices.
(END) Dow Jones Newswires
January 19, 2022 21:15 ET (02:15 GMT)
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