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News Highlights: Top Company News of the Day

06/03/2021 | 09:16pm EDT
Lawmakers Scrutinize Meatpacking as JBS Rebounds From Cyberattack 
 

Some farm-state senators say consolidation has left meat production vulnerable to calamities.

 
Ackman SPAC Nears $40 Billion Universal Music Deal 
 

Hedge-fund billionaire William Ackman is nearing a record SPAC deal that would value Universal Music at roughly $40 billion, people familiar with the matter said.

 
Theranos Founder's Emails With Law Firm Allowed at Trial 
 

A federal judge ruled that messages between Theranos founder Elizabeth Holmes and David Boies's law firm are admissible at her fraud trial.

 
Breast-Cancer Pill Reduced Recurrence, Death in Early-Stage Patients, Study Finds 
 

A drug sold by AstraZeneca and Merck reduced the recurrence of breast cancer in women with an early but aggressive form of the disease, a long-running international study found.

 
Rio Tinto Adds Ex-Aboriginal Affairs Minister Ben Wyatt to Board 
 

Rio Tinto PLC named Ben Wyatt, Western Australia state's former aboriginal affairs minister, as a nonexecutive director, as the miner continues to rebuild relations with indigenous landowners following the destruction of two ancient rock shelters in Australia last year.

 
VenBio Collects $550 Million for Biotech Venture Deals 
 

The life-sciences investor plans to finance 12 to 15 companies with its latest fund.

 
Motorola Solutions Raises Spending on Body Cameras 
 

The equipment maker expects revenue in its video-security business to jump more than 20% this year after a 30.7% leap last year.

 
Apple Prepares Office Staff for Hybrid Workweek 
 

The company's chief executive, Tim Cook, told office employees that they are expected to return to their workspace three days a week starting in September.

 
Google Removes Diversity Executive Over Blog Post About Jews 
 

Kamau Bobb has apologized for a 2007 post saying Jews had an "insatiable appetite for war."

 
Cloud Software's Low-Hanging Fruit Is a Tempting Target 
 

Dropbox and Box are the cheapest cloud stocks, which has activists smelling opportunity.

(END) Dow Jones Newswires

06-03-21 2115ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 0.58% 2712.6 Delayed Quote.53.89%
APPLE INC. 1.26% 147.36 Delayed Quote.11.06%
ASTRAZENECA PLC 0.24% 8297 Delayed Quote.13.29%
DJ INDUSTRIAL 0.80% 35116.4 Delayed Quote.14.14%
DROPBOX, INC. 0.58% 31.48 Delayed Quote.41.87%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 0.27% 159.325 End-of-day quote.13.89%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 0.08% 123.35 End-of-day quote.8.12%
MOTOROLA SOLUTIONS, INC. 0.47% 224.99 Delayed Quote.32.30%
RIO TINTO PLC 1.21% 6291 Delayed Quote.14.83%
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