News Highlights: Top Company News of the Day
August 09 2021 - 3:19PM
Dow Jones News
Coinbase Head of Capital Markets Leaves After Four Months
Brett Redfearn, a former federal regulator who joined Coinbase
Global earlier this year, has left the cryptocurrency exchange
after about four months on the job.
DraftKings to Buy Golden Nugget Online Gaming for About $1.56 Billion in Stock
The deal would boost the sports-betting operator's
online-casino-games offering.
Citigroup Reaches First Deal of Jane Fraser's Refresh
NAB, one of the four dominant banks in Australia, will pay
Citigroup about $184 million for its book of consumer mortgages,
credit cards and deposits in the country.
Hertz Posts Higher Revenue, Plans to Relist Amid Travel Rebound
The car-rental company's improved sales come as pandemic fears
ease.
American National Group to Be Sold to Brookfield Reinsurance Arm
The deal, which values the insurer at about $5 billion, will
provide a sizable platform for Brookfield's reinsurance arm to bulk
up.
Oil Giant Aramco Sees Growth Where Others Eye Transition
Decarbonization strategies and uncertainty about global demand
have tempered most oil-and-gas investment, but the world's largest
producer still plans to expand.
Early Lordstown Motors Investor Workhorse Group Sold Most of Stake in Startup
Workhorse Group, in a company filing, said it had sold 11.9
million shares in Lordstown Motors since July 1, reducing its 9%
stake by nearly three-quarters.
Cargill, Continental Grain to Acquire Sanderson Farms
The chicken producer agreed to sell itself for around $4.5
billion as it rides a wave of demand for chicken products.
WeWork and Cushman & Wakefield Are Forming $150 Million Partnership
The alliance aims to help landlords and tenants navigate
returning to the office.
Tyson Says Labor, Grain Costs Boost Meat Prices
The meat giant says employee reaction to the vaccine mandate is
"mixed." Beef and chicken business propels quarterly profits.
(END) Dow Jones Newswires
August 09, 2021 15:15 ET (19:15 GMT)
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