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News Highlights: Top Company News of the Day

06/08/2021 | 09:16pm EDT
Boeing's Air Force One Jets Could Arrive a Year Late 
 

The plane maker has proposed delivery of the presidential fleet later than planned, a Pentagon official says.

 
Renault Charged in France in Emissions Fraud Probe 
 

Prosecutors brought preliminary charges on suspicion of emissions fraud, adding to the fallout for auto makers following Volkswagen's emission scandal.

 
Lordstown Motors Says It Doesn't Have Cash to Start Commercial Production 
 

The electric-truck startup said in a filing that it has doubts about whether it can continue as a going concern through the end of the year.

 
Google Should Be Treated as Utility, Ohio Argues 
 

The case adds to the legal woes confronting the company, which also faces antitrust lawsuits from the Justice Department and a separate consortium of states led by Colorado and Texas.

 
Big Lots Invests in New Stores as Stimulus Checks Boost Sales 
 

Finance chief Jonathan Ramsden said the discount chain plans to add new locations and distribution centers.

 
Transcription Startup Verbit Tops $1 Billion Valuation, Eyes 2022 listing 
 

The New York-based startup hit the valuation milestone as it raised $157 million in a Series D round with venture-capital firm Sapphire Ventures leading the financing.

 
Millions of J&J Covid-19 Vaccines Are at Risk of Expiring in June 
 

States and hospitals try to reroute such vaccines, while efforts to export them face hurdles.

 
Berkshire Hathaway to Buy $500 Million Stake in Brazil's Nubank 
 

Berkshire's investment, the largest single investment Nubank has ever received, values Brazil's largest digital bank at $30 billion.

 
SoftBank and IonQ in Strategic Pact on Quantum Computing 
 

The giant Japanese tech investor has taken a large stake in the Maryland start-up to eventually bring quantum-computing power to other SoftBank portfolio companies.

 
Internet Outage Hits Major Websites 
 

Dozens of websites in the U.S. and Europe flicked back on after being offline for roughly an hour early Tuesday, following an internal glitch at a major cloud-services provider.

(END) Dow Jones Newswires

06-08-21 2115ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 3.58% 2660.3 Delayed Quote.51.79%
BERKSHIRE HATHAWAY INC. 0.29% 419000 Delayed Quote.20.47%
BIG LOTS, INC. 0.28% 60.66 Delayed Quote.41.30%
DJ INDUSTRIAL 0.68% 35061.55 Delayed Quote.13.78%
LORDSTOWN MOTORS CORP. -8.67% 7.48 Delayed Quote.-62.71%
RENAULT 0.97% 31.215 Real-time Quote.-12.71%
SOFTBANK GROUP CORP. 0.47% 7261 End-of-day quote.-9.89%
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