Jeff Bezos Offers to Waive $2 Billion for NASA Moon Contract
The $Amazon.Com Inc(AMZN.US)$ founder offered to waive $2 billion in fees over the next two years to win his space company, Blue Origin, a joint contract for the lunar-lander program that was awarded solely to Elon Musk's SpaceX.
$CBRE Group Inc(CBRE.US)$ to Buy 60% Stake in Turner & Townsend in $1.3 Billion Deal
The world's largest commercial-real-estate-services firm is buying a controlling stake in the London-based company ahead of an expected wave of investment in alternative energy and infrastructure.
$Apple Inc(AAPL.US)$ Expected to Post Record Profit, as Demand Remains Strong
Investors are eager for signs the company's success will continue into 2022, as customers switch to new 5G phones.
Big Pharma Quietly Pushes Back on Global Tax Deal
Pharma executives, lobbyists and consultants are mobilizing to fight what has become a threat to drug companies' bottom lines: an agreement to better harmonize corporate taxation around the globe.
$Credit Suisse Group AG(CS.US)$ Taps $Goldman Sachs Group(GS.US)$ Executive as Post-Archegos Chief Risk Officer
The Swiss bank hired David Wildermuth as part of an effort to get a better grip on risk management, after losing $5.5 billion from family investment firm Archegos.
Reckitt Benckiser Swings to Loss on Higher Costs
Reckitt Benckiser reported a swing to pretax loss for the first half of the year on lower revenue, higher costs, and expects a weak third quarter due to the tough year-earlier comparatives.
Investor Cat Rock Urges Just Eat Takeaway to Explore Combinations, Sell Assets
U.S. investor Cat Rock Capital Management said that Just Eat Takeaway.com should explore combinations with other global players and sell noncore assets, putting pressure on the Grubhub owner to address its share performance.
$Starbucks Corp(SBUX.US)$ to Sell South Korean Unit to GIC, E-Mart
U.S. coffee chain Starbucks Corp. said it would sell its entire 50% stake in its South Korean unit to Singapore's sovereign-wealth fund GIC Pte. Ltd. and local partner E-Mart Inc.
$LVMH Moet Hennessy Louis Vuitton SE(LVMHF.US)$ Books Higher 1H Revenue, Profit as Fashion Sales Surge
LVMH Moet Hennessy Louis Vuitton's earnings rose sharply in the first half as sales jumped by more than half on the year, driven by the core soft-luxury division.
$Tesla, Inc.(TSLA.US)$ Overcomes Chip Shortage to Post Record Profit
The Silicon Valley electric-car company posted a record quarterly profit of $1.1 billion as it largely sidestepped the effects of a global chip shortage that has constricted production for many global auto makers.
(END) Dow Jones Newswires
July 27, 2021 07:00 ET (11:00 GMT)
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