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News Highlights: Top company news on 6/8

Moomoo News ·  Jun 8, 2021 04:01

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  • $Bain Capital Specialty Finance Inc(BCSF.US)$ and Crosspoint Capital Partners buy ExtraHop networks

    The private-equity firms are paying $900 million for the company, which provides network detection and response services.

  • Longtime $Tesla, Inc.(TSLA.US)$ executive Guillen departs

    Jerome Guillen had been overseeing the electric vehicle maker's heavy-trucking efforts.

  • $Southwest Airlines Co(LUV.US)$ automates some job recruiting tasks as air travel takes off

    "The labor market is probably as tough as I've ever seen it, and so we've got to be able to move with speed, and that's where all these tools come into play," said Greg Muccio, the airline's director of talent acquisition.

  • $Apple Inc(AAPL.US)$'s Tim Cook kicks off WWDC by doubling down on privacy

    The annual Apple conference for software developers began amid thorny relations with some tech companies and app developers.

  • Mark Cuban-backed personal Finance App dave to go public in $4 billion SPAC deal

    The combination between Victory Park Capital's blank-check company and the banking app Dave is expected to be complete by the third or fourth quarter.

  • Inside $Credit Suisse Group AG(CS.US)$'s $5.5 billion breakdown

    The fallout from the Archegos collapse shows the Swiss bank's creaky risk-management systems didn't do their job, leaving the bank vulnerable with out-of-date trading data and big exposure to single stocks, according to people familiar with the matter.

  • $SOFTBANK CORP(SOBKY.US)$-Backed Katerra files for chapter 11

    The construction company, which ran into problems trying to shake up the building industry, put its liabilities between $1 billion and $10 billion.

Source: Dow Jones Newswires

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