China Telecom Plans Shanghai Listing
China Telecom Corp. is moving to sell billions of dollars worth of shares in Shanghai as the telecom carrier turns to its home market for funds.
Procter & Gamble CEO David Taylor to Step Aside
He will be succeeded on Nov. 1 by his top deputy, Jon Moeller, who has been P&G's finance chief and was promoted to chief operating officer.
Robinhood's Stock Price Falls After IPO
The company's stock closed down 8.4% in its trading debut after pricing its shares at the bottom of its targeted range.
National Australia Bank Plans On-Market Share Buyback
National Australia Bank plans a A$2.5 billion on-market share buyback and to purchase shares on-market alongside its dividend reinvestment plan.
Origin Energy Flags $1.67 Billion in Noncash Charges
Origin Energy Ltd. expects to log noncash charges totaling almost $1.67 billion after tax, tied in part to a weaker outlook for electricity prices.
MyPillow to Pull Ads From Fox News
Mike Lindell, CEO of MyPillow, says Fox News refused to run an ad promoting an event linked to claims of widespread election fraud.
Boeing Space Flight Postponed After Mishap at Space Station
Boeing's Starliner space capsule was slated for launch Friday afternoon.
FDA Lets Pharmacies Substitute Branded Insulin With Knockoff Product
For the first time, U.S. regulators have said that a biosimilar version of a biologic drug is interchangeable with its branded equivalent.
Pinterest Shares Fall as U.S. Monthly Average Users Decline
Revenue totaled $613.2 million, compared with $272.5 million a year earlier.
Johnson & Johnson Agrees to Standstill Over Talc Bankruptcy Dispute
Johnson & Johnson has agreed to a temporary standstill in a dispute with personal injury claimants who allege its talc-based baby powder products caused cancer and who seek to prevent the company from pursuing a potential strategy for containing its talc liabilities through a possible bankruptcy.
(END) Dow Jones Newswires
07-29-21 2115ET
