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News Highlights : Top Company News of the Day

10/24/2021 | 09:16pm EST
Facebook's Internal Chat Boards Show Politics Often at Center of Decision Making 

In hot debates, employees and management spar over allegations content rules aren't enforced for Breitbart and other right-wing publishers for fear of public blowback. Other internal documents show management expresses wariness of appearing biased. In response, Facebook says it enforces its rules equally and doesn't consider politics in its decisions.

Sibanye-Stillwater Nears $1 Billion Deal to Acquire Brazilian Mines 

The deal is a bet on continued demand for metals used in the production of electric-car batteries.

Talks Collapse Over Sale of Italian Bank Monte dei Paschi 

Italy's government and bank UniCredit had been negotiating over the sale of the nationalized lender. The end of the talks leaves little time to find a solution.

Gender-Neutral Toys Gain Ground 

New efforts are under way to eliminate gender bias from toys, a longstanding issue for some companies, parents and advocates.

Supercar Makers Skid Into EV Era 

Lamborghini has grown rapidly in recent years within the Volkswagen group, but now needs to confront battery technology and more competition from Ferrari.

Andreessen Horowitz to Raise Roughly $6.5 Billion for New Venture Funds 

The venture-capital firm plans to use the capital to fuel its aggressive deal-making pace, according to people familiar with the situation.

Google Charges More Than Twice Its Rivals in Ad Deals, Unredacted Suit Says 

The suit by state attorneys general sheds new light on how the search giant profits from its commanding position in the internet economy.

ABC Says It Fired 'GMA' Producer After Investigating Sexual-Assault Allegations 

Walt Disney's ABC said in a legal filing that it fired "Good Morning America" executive producer Michael Corn last April after investigating allegations that he sexually harassed and assaulted two network staffers.

Honeywell Expects to Pay at Least $160 Million to Resolve Bribery Probes in U.S., Brazil 

Aerospace and industrial conglomerate Honeywell International Inc. said Friday it has recorded a charge of $160 million to cover an expected loss related to bribery investigations by U.S. and Brazilian authorities.

Former Pfizer Scientist Says Theranos Used Pharma Logo Without Permission 

A former Pfizer scientist testified he had advised his employer against working with Theranos more than a year before the startup altered a report so it featured Pfizer's logo and purported to validate Theranos's blood-testing devices.

(END) Dow Jones Newswires

10-24-21 2115ET

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