LVMH Countersues Tiffany Over Merger 
 

The French luxury-goods conglomerate says the damage the U.S. jeweler's business has suffered during the pandemic invalidates their $16 billion deal.


 
U.S. Likely Exceeded Authority in TikTok Ban, Judge Says 
 

Banning downloads while the court fight continues would harm the video-sharing app's business, a federal judge said, ruling that the Trump administration's curbs likely went beyond the bounds of a national security law.


 
Japan's Top Mobile Provider to Be Fully Acquired by Parent 
 

NTT Docomo said it planned to return to 100% control by its parent, Nippon Telegraph and Telephone, in a deal expected to cost the parent nearly $40 billion.


 
Microsoft Office 365, Azure Cloud Disrupted by Service Issues 
 

The company said problems included some users of its Outlook email services and Teams workplace collaboration suite that provides chat functionality and videoconferencing.


 
United Trims Furlough Plans 
 

The carrier said a deal with pilots has reduced planned layoffs to about 12,000 if more federal aid isn't arranged this week.


 
Inovio Covid-19 Vaccine Trial Placed on Hold After FDA Questions 
 

A planned later-stage trial for a Covid-19 vaccine from Inovio Pharmaceuticals is on hold, after U.S. health regulators raised questions.


 
Ransomware Attack Hits Universal Health Services 
 

A malicious software attack crippled computers at one of the nation's largest hospital chains and led it to cancel some surgeries and divert some ambulances.


 
Hertz CFO Steps Down After Less Than Two Months, Forfeits Bonus 
 

Hertz Global Holdings named its second finance chief in as many months, as the troubled car-rental company navigates a tumultuous bankruptcy process.


 
How Caesars' Wager on Sports Betting Could Pay Off Big 
 

By buying U.K. stalwart William Hill, the casino operator can increase its exposure to a U.S. growth market without paying over the odds.


 
Disney Sells Ad-Tech Firm TrueX to Gimbal 
 

Gimbal wants TrueX's technology to go after the 'addressable-TV' market, where different ads are shown to different households. Gimbal paid less than $100 million for the company.