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News Highlights : Top Company News of the Day

06/13/2021 | 09:16pm EDT
High-Speed Trader Virtu Fires Back at Critics 

Scrutiny of the recent stock surges at GameStop, AMC and others has put pressure on the trading firm run by CEO Douglas Cifu.

Cruise Lines Wrestle With Florida Ban on Vaccine Passports 

A standoff between Florida Gov. Ron DeSantis and the cruise industry over whether to require passengers to show proof of Covid-19 vaccines is coming to a head.

Miners Try to Get Covid-19 Vaccines Into Areas Where Shots Are Scarce 

The pandemic is helping to soften the reputation of mining companies, often cast as villains.

Facebook and Its Advertisers Feel Pinch of Apple's Privacy Drive 

Recent changes in Apple's IOS operating system have diminished Facebook's ad targeting abilities.

Puerto Rico's Power Distributor Hit by Cyberattack Hours Before Fire 

Luma Energy said a distributed denial-of-service attack targeted its customer portal, as well as its mobile app, shutting out customers trying to access their accounts or report outages.

House Bills Seek to Break Up Amazon and Other Big Tech Companies 

Lawmakers proposed a raft of bipartisan legislation aimed at reining in Big Tech, including a bill that seeks to make the e-commerce giant and others split into two companies or shed some of their products and services.

AMC Bet by Hedge Fund Unravels Thanks to Meme-Stock Traders 

Mudrick Capital's flagship fund lost 10% in just a few days, highlighting how risky retaining significant exposure to such stocks can be.

FDA Approves Export of Covid-19 Vaccine Doses From Troubled Plant 

The agency said 10 million doses produced at the factory can be exported, but that 60 million doses were at risk of contamination and can't be used.

Boeing Offloads Unclaimed MAX Jets as Travel Recovers 

The recovery in domestic air travel is helping the plane maker find new homes for jets whose original buyers walked away or collapsed during the pandemic.

Burberry's Stricter Climate-Change Target Puts Suppliers in the Spotlight 

The luxury brand aims to nearly halve carbon-dioxide emissions across its supply chain in the next decade, tightening its previous goal of a 30% drop.

(END) Dow Jones Newswires

06-13-21 2115ET

Latest news "Economy & Forex"
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07:46aIndia's July gasoline sales above pre-pandemic levels - prelim data
07:20aThe price of a moderna jab was $25.50 a dose, contracts show, up from about €19 ($22.60) - ft
07:19aThe new price for a pfizer shot was €19.50 against €15.50 previously, according to portions of the contracts- ft
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