$AMC Entertainment Holdings Inc(AMC.US)$ Scraps Plans for Vote on 25 Million Share Sale
In a filing with the Securities and Exchange Commission, the company said it wouldn’t put the issuance of the additional Class A shares to a shareholder vote.
Chief Executive Adam Aron also tweeted that the company didn’t want to split shareholders with the vote, which was supposed to happen this month
Nextdoor to Go Public in Proposed SPAC Merger
The neighborhood social network is merging with a special-purpose acquisition company in a deal valuing the firm at roughly $4.3 billion.
$Toyota Motor Corp(TM.US)$'s Chip Supply Helps It Beat $General Motors Co(GM.US)$ for the First Time
Toyota's decision to build a stockpile of chips for its cars paid off by lifting it above perennial top dog General Motors in the U.S. for the first time.
$DiDi Global Inc.(DIDI.US)$ Shares Plunge as China's Probes of U.S.-Listed Firms Jolt Investors
Stock-market developments show the risks of owning shares in fast-growing businesses.
$Pfizer Inc(PFE.US)$ Vaccine Less Effective Against Delta, Data Show
The vaccine protected 64% of inoculated people during the spread of the Delta variant but was 94% effective at preventing severe illness, according to Israel's Health Ministry.
Teneo Names Former Xerox CEO Ursula Burns as Next Board Chair
She will lead following a crisis at the consultancy, with plans to focus on the firm's culture in addition to client work.
Oil Companies Ordered to Help Cover a $7.2 Billion Cleanup Bill
Following a bankruptcy case, large oil producers will have to foot some of the costs of capping and abandoning Gulf of Mexico wells they used to own.
$JPMorgan Chase & Co(JPM.US)$, $Goldman Sachs Group(GS.US)$ Call Time on Work-From-Home. Their Rivals Are Ready To Pounce.
While businesses across America are struggling with whether and how to have staff return full time, the issue has been particularly thorny at large U.S. banks.
Big Tech Threatens to Unfriend Hong Kong
U.S. tech firms are finding themselves increasingly uncomfortable in Hong Kong stock market-and they have little to lose from quitting such a small market.
AI's Role in Debugging Software Code Is Expected to Grow
Intel, $Amazon.Com Inc(AMZN.US)$ Web Services and $Microsoft Corp(MSFT.US)$ are offering or building artificial-intelligence-based tools that can find and fix software problems.
Source: Dow Jones Newswires