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News Highlights: Top Company News of the Day

11/22/2020 | 11:16pm EST
CoStar to Buy Homesnap for $250 Million 
 

CoStar Group, one of the world's largest providers of commercial real-estate information and analytics, has taken its first major step into the residential data business by agreeing to pay $250 million for Homesnap.

 
Bain Capital Raises $800 Million for Second Impact Investing Fund 
 

Bain Capital has raised $800 million in fresh capital to back businesses that the firm bets will benefit not only fund investors but also society at large.

 
Evergrande Property Services Plans $2.04 Billion Hong Kong IPO 
 

A unit of China Evergrande Group is planning to raise up to $2.04 billion through an initial public offering in Hong Kong, the latest Chinese firm to tap the city's hot equities-fund raising market.

 
FDA Authorizes Regeneron's Covid-19 Antibody Cocktail Drug 
 

Regeneron's Covid-19 antibody drug is the second cleared this month to treat patients who aren't hospitalized but are at high risk of developing severe disease.

 
The World After Covid Could Shake Up Business Flights 
 

A smaller, more price-sensitive corporate market is likely to become a new battleground between low-cost and legacy airlines.

 
Zurich Insurance in Talks to Acquire MetLife's Car, Home Insurance Unit 
 

Zurich's announcement confirms part of a report by Reuters that the Swiss company is in advanced talks to acquire MetLife's car and home insurance unit for close to $4 billion, citing people familiar with the matter.

 
Walmart Heirs Back Startup Developing $10 At-Home Covid-19 Tests 
 

The billionaire Walton family that controls the retail giant is among a group of investors in NowDiagnostics, a startup aiming to design at-home coronavirus tests to sell for as little as $10 in Walmart stores and elsewhere.

 
Judge Sides With Steve Wynn Over Attempt to Bar Him From Las Vegas Casino Industry 
 

A Las Vegas judge has sided with former casino magnate Steve Wynn in Nevada regulators' attempt to ban him from the gambling industry over sexual-misconduct allegations.

 
Smithfield Settles Lawsuits Over Noise, Smell of Hog Farms in North Carolina 
 

The settlement brings an end to more than two years of litigation over the noise and odors produced by traditional methods of hog farming, which include storing waste in open lagoons.

 
Airbnb Executive Resigned Last Year Over Chinese Request for More Data Sharing 
 

Hired last year as the home-sharing giant's first "chief trust officer," former FBI official Sean Joyce left six months later over concerns about how Airbnb shared data on millions of its users with Chinese authorities.

(END) Dow Jones Newswires

11-22-20 2315ET

Stocks mentioned in the article
ChangeLast1st jan.
AIRBNB, INC. 0.81% 181.87 Delayed Quote.23.89%
CHINA EVERGRANDE GROUP -6.11% 15.68 End-of-day quote.5.23%
COSTAR GROUP CO., LTD. -9.90% 18.65 End-of-day quote.-9.33%
COSTAR GROUP, INC. -1.74% 896.05 Delayed Quote.-3.05%
WALMART INC. 1.02% 146.33 Delayed Quote.1.51%
ZURICH INSURANCE GROUP LTD -1.15% 369.2 Delayed Quote.-1.15%
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