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DJ News Highlights: Top Company News of the Day

· 02/05/2021 19:00
Amazon Would Likely Pay Even More Tax Under Biden PlanBNP Paribas Posts Smaller-Than-Expected Drop in ProfitLed by 'Mr. SPAC,' Credit Suisse Cashes In on Blank-Check SpreeBill Gates Joins Private-Equity Firms in $4.7 Billion Deal for Private-Jet CompanyAstraZeneca Covid-19 Vaccine Effective Against U.K. Variant in TrialVenmo's Debt-Collection Practices Probed by CFPBLVMH Tells Tiffany Staff to Return to Office Two Days a WeekAmazon Union Election to Proceed as Labor Board Denies Delay RequestRobinhood's Reckoning: Facing Life After GameStopGameStop Trader 'Roaring Kitty' May Face Regulatory Scrutiny

Keith Gill, who became one face of the GameStop mania and also worked until last week as a broker, may face legal jeopardy for potential violations of federal rules governing brokers' communications.

The firm that set out to bring investing to the masses has run into the reality of Wall Street, with its tangle of regulations, overseers and byzantine infrastructure.

Workers at an Alabama plant have until late March to vote in an election that could reshape the e-commerce giant's relationship with its hourly employees.

The luxury giant wants New York City employees in the office as of March 1 as LVMH starts to integrate the U.S. jeweler following its acquisition.

The payment app's tactics-including threatening to send debt collectors after customers who are scam victims-have previously come under scrutiny.

The preliminary findings offer further reassurance that the global vaccination drive will help end the pandemic.

The billionaire is doubling down on private-jet travel, as the niche industry recovers more quickly amid the coronavirus pandemic than the wider commercial aviation market.

Credit Suisse is reaping the rewards from a spree of special-purpose acquisition companies. Leading the charge is a veteran banker who was among the first to bring SPACs to Wall Street 15 years ago.

France largest bank BNP Paribas reported a drop in quarterly profit, hurt by record low interest rates and the fallout of the pandemic, but said it expected revenue to bounce back this year as the global economy gradually recovers.

Amazon reported $1.8 billion in current U.S. tax liability for 2020, a departure from the tiny or negative tax costs it posted in prior years. It said a surge in pretax income last year led to the sudden rise in its reported tax expense.

(END) Dow Jones Newswires

February 05, 2021 19:00 ET (00:00 GMT)

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