Samsung Expects 28% Rise in Operating Profit

Forecast is the latest reminder of how the world-wide semiconductor shortage has turned out to be a financial boon for chip makers. 


 
Tesla to Move Headquarters to Austin, Musk Says

The electric-vehicle maker is adding to a handful of prominent Silicon Valley companies that have relocated to the Lone Star State. 


 
Google to Block Ads Next to Content Denying Climate Change

The move by the world's largest digital-ad company comes after recent restrictions on ads next to vaccine misinformation. 


 
Twitch Data Leak Shows Some Make Hundreds of Thousands a Month

Twitch broadcasters' earnings and other company information were made public Wednesday on the chat forum 4chan by a user who claimed to have posted it there to hurt the Amazon.com unit's business. 


 
NatWest Pleads Guilty to Anti-Money-Laundering Charges

NatWest Group pleaded guilty in the U.K. to charges that it violated regulations requiring financial institutions to maintain adequate anti-money-laundering systems and controls. 


 
Bankruptcy Trustee Says Yucaipa Moved Cash Out of Reach

A bankruptcy trustee alleged that Ron Burkle's Yucaipa distributed money to private-equity investors to avoid paying liabilities tied to former portfolio company Allied Systems Holdings 


 
Condé Nast Owner to Buy Newsletter Publisher SportTechie Out of Bankruptcy

A subsidiary of the Newhouse family's Advance Publications has offered to acquire the publisher of newsletters covering the intersection of technology and the sports industry. 


 
BlackRock Gives Big Investors Ability to Vote on Shareholder Proposals

The moves stand to transfer votes for as much as $1.5 trillion in index assets from BlackRock to investors such as pensions and endowments. 


 
Conagra, PepsiCo and Other Food Makers Grapple With Higher Costs

Supply-chain problems and labor challenges have become "a daily grind" at major U.S. food companies, pressuring profits and pushing up grocery prices. 


 
Pfizer Asks FDA to Authorize Covid-19 Vaccine in Young Children

The FDA may clear the shot for use among children 5 to 11 years old before November, which would mean pediatrician offices, schools and other locations could get doses to give as early as Halloween.

(END) Dow Jones Newswires

10-07-21 2115ET