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News Highlights: Top Company News of the Day

11/26/2020 | 07:16pm EST
German Prosecutors Examine Ernst & Young's Role in Wirecard Collapse 
 

German prosecutors said they are examining Ernst & Young's role in the collapse of disgraced payments operator Wirecard, ratcheting up pressure on the audit firm.

 
With Slack, Salesforce Would Put Heat on Microsoft 
 

The battle to be the go-to business-software provider is intensifying, as Salesforce looks to acquire Slack Technologies.

 
Disney Plans More Layoffs as Pandemic Hits Businesses 
 

The entertainment company said it would lay off about 32,000 employees, primarily at its theme parks, as the coronavirus pandemic continues to drag on its businesses.

 
AstraZeneca Defends Dosing Error in Covid-19 Vaccine Trial 
 

A top AstraZeneca executive pushes back against criticism that the company failed to disclose enough data from a clinical trial of its Covid-19 vaccine.

 
JD Health IPO Will Set Hearts Racing 
 

The record initial public offering of fintech giant Ant Group crashed before taking off. Another Chinese tech listing in Hong Kong should fare better.

 
Repsol Unveils Five-Year Investment Plan 
 

Repsol said it would invest EUR18.3 billion until 2025 in a push to accelerate its energy transition, become more sustainable and boost shareholder returns.

 
Remy Cointreau Sees Rebound as Profit Tops Hopes 
 

Remy Cointreau posted a better-than-forecast interim operating profit of EUR106.2 million and said it continues to expect a second-half recovery, led by the U.S. and China.

 
Facebook's Latest Error Shakes Advertisers' Confidence 
 

The company quietly told advertisers this month that its "conversion lift" tool, used to measure outcomes, overestimated some campaign results.

 
TikTok Granted Extension on Divestiture Order 
 

Federal officials have granted TikTok and its Chinese parent ByteDance a weeklong extension of a deadline for completing a divestiture deal, in another delay of the Trump administration's effort to turn the social-media app into an American company.

 
Amazon Web Services Hit by Outage 
 

The company said it was experiencing errors that were causing issues for a range of cloud-software programs in its region covering the eastern part of the U.S.

(END) Dow Jones Newswires

11-26-20 1915ET

Stocks mentioned in the article
ChangeLast1st jan.
ASTRAZENECA PLC 1.66% 7777 Delayed Quote.6.19%
MICROSOFT CORPORATION 0.44% 225.95 Delayed Quote.1.15%
REPSOL S.A. -1.38% 8.452 Delayed Quote.2.45%
WIRECARD AG -44.85% 0.6 End-of-day quote.92.93%
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