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News Highlights: Top Company News of the Day

04/11/2021 | 09:16pm EDT
Vox Media to Buy Owner of Preet Bharara's Podcast 

Vox Media is acquiring Cafe Studios, publisher of a podcast hosted by the former Manhattan U.S. attorney, part of a bid to expand its growing audio business.

Supply-Chain Software Provider Blue Yonder Weighs IPO 

The company is the latest technology provider to look at a public stock offering as pandemic-driven upheaval in supply chains draws more interest to tools that help companies manage the flow of goods.

Alibaba Hit With Record $2.8 Billion Antitrust Fine in China 

In recent months, the business empire of Alibaba founder Jack Ma has come under increasing regulatory scrutiny.

Google's Secret 'Project Bernanke' Revealed in Texas Antitrust Case 

The program used past bid data to boost the tech company's win rate in advertising auctions, according to a court filing.

Medline Industries Explores Sale 

Medline Industries is exploring a sale that could value the big medical-supply company at as much as $30 billion and mark the latest in a recent string of large leveraged-buyout bids.

Alden Clashes With Billionaire Over Future of Tribune 

Alden Global was on verge of expanding its newspaper empire with a bid for Tribune Publishing when Maryland hotel magnate Stewart Bainum turned the tables on the New York financiers.

Battery-Making Rivals Settle Trade Rift That Threatened Georgia Plant 

SK Innovation and LG Chem have agreed to settle a trade-secret dispute that had threatened a $2.6 billion factory SKI is building in Georgia set to supply Ford and Volkswagen with electric-vehicle batteries.

Amazon Vote Deals Blow to Expanding Labor Union Membership 

Unionization rates are trending down in the private sector, despite an increased focus in Washington.

Coinbase's Lofty Valuation Might Erode as Crypto Markets Mature 

Cryptocurrency giant Coinbase Global's stock-market debut on Wednesday is expected to be a blockbuster, though doubts persist about a lofty valuation for the digital currency exchange.

XPO Logistics Taps CIO for Supply-Chain Services Spinoff 

Sandeep Sakharkar, currently a senior vice president of logistics technology at XPO, was tapped last week to be CIO of GXO Logistics Inc. at a time of growing industry automation.

(END) Dow Jones Newswires

04-11-21 2115ET

Stocks mentioned in the article
ChangeLast1st jan.
ALIBABA GROUP HOLDING LIMITED 1.44% 198.65 Delayed Quote.-15.78%
CHOICE HOTELS INTERNATIONAL, INC. 2.17% 121.64 Delayed Quote.11.36%
COINBASE GLOBAL, INC. -1.23% 238.56 Delayed Quote.0.00%
DJ INDUSTRIAL 0.59% 35135.32 Delayed Quote.14.55%
LG CHEM, LTD. 0.00% 835000 End-of-day quote.1.33%
LG CORP. 0.52% 96400 End-of-day quote.0.43%
SK INNOVATION CO., LTD. -0.96% 258000 End-of-day quote.35.79%
TRIBUNE PUBLISHING COMPANY 0.41% 17.26 End-of-day quote.25.99%
VOLKSWAGEN AG 1.57% 207.05 Delayed Quote.33.74%
XPO LOGISTICS EUROPE SA 0.00% 315 End-of-day quote.12.50%
XPO LOGISTICS, INC. 2.40% 141.2 Delayed Quote.15.59%
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