DJ News Highlights: Top Company News of the Day

Emerson Plans to Merge Industrial-Software Businesses With AspenTech

Emerson Electric plans to merge two of its software businesses with Aspen Technology in a roughly $11 billion deal aimed at capturing growing demand for industrial technology.

Hasbro CEO Takes Medical Leave

Brian Goldner will take a leave of absence from his job running the toymaker to receive medical care.

Southwest Airlines Cancels Over 1,800 Flights

The weekend snarl is the latest difficulty for the carrier after it struggled over the summer.

Disney Meets Roadblocks

Three films designed for box-office appeal including "Shang-Chi" and "Mulan" have been embroiled in political controversy. Marvel's "Eternals" is the latest.

Lenovo Withdraws Shanghai Listing Plan

Lenovo Group has withdrawn its application to issue Chinese Depositary Receipts on the Shanghai Stock Exchange, citing market conditions.

Reliance Industries Buys Norwegian Solar Cells Maker

Reliance Industries has acquired a Norway-headquartered solar cells and panels manufacturer for an enterprise value of $771 million, as part of the Indian conglomerate's expansion into renewable energy.

Twitch Streamer Earnings Increase for Top Gamers

The top 1% of paid streamers so far this year got over half of all revenue, according to data made public in a high-profile leak.

Zijin Mining Shares Jump on Plans to Acquire Canada's Neo Lithium

Shares of Zijin Mining Group Co. jumped after the company unveiled plans to acquire Canada's Neo Lithium Corp. in a deal worth US$769.7 million.

Canada's Pot Companies Are Missing the Best Party

Getting access to the U.S. cannabis market is crucial for Canadian cultivators as their home turf grows more competitive. When it might happen is anyone's guess.

Apple Filing Notice of Appeal in Epic Antitrust Case

The iPhone maker also wants a stay on a judge's order to open in-app communications that could allow cheaper payment options.

(END) Dow Jones Newswires

October 11, 2021 01:00 ET (05:00 GMT)

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