Top Company News of the Day: UBS, American Airlines, Twitter, 3M

UBS to Close Credit Suisse Takeover as Early as Next Week

UBS Group said it expects to complete its acquisition of Credit Suisse Group and have the shares of the Swiss peer delisted as early as next week.

American Airlines’ Radical Plan to Reinvent Business Travel

Work travel isn’t what it used to be-and that’s left American rethinking its strategy.

Incoming Twitter CEO Hires Executive From NBCUniversal

Joe Benarroch has been a trusted adviser to Linda Yaccarino, the former ad chief at NBCU who is expected to take the helm at the social-media company on Monday.

EV Makers Confront the ‘Nickel Pickle’

Large amounts of the mineral are needed for electric car batteries, but getting it out of the ground and refining it often requires clearing rainforests and generating large amounts of carbon.

Settlement Talks Prompt Delay Request in 3M ‘Forever Chemicals’ Trial

Lawyers seek a pause on the eve of a landmark environmental battle.

Hollywood Studios Make Peace With Directors in Tentative Labor Deal

The pact, which requires approval by the board of the Directors Guild of America, comes in the second month of the writers’ strike.

Restaurant Chain Cava Set to Launch IPO

Executives aim to sell the shares for between $17 and $19 apiece. The high end of that range would value Cava at around $2.2 billion.

Chuck Todd to Be Replaced by Kristen Welker on NBC’s ‘Meet the Press’

Todd, who has anchored the Sunday program since 2014, will step down in September.

FDA Allows Imports of China-Made Chemotherapy to Ease U.S. Shortage

The agency said it would allow Qilu Pharmaceutical to ship into the U.S. a chemotherapy injection known as cisplatin, even though the product hasn’t been FDA approved and the vials are labeled in Chinese.

Six Flags Has a New Summer Attraction. It’s Not a Roller Coaster.

After a steep drop in attendance, the theme-park operator is trying to upgrade its brand; the wafting aroma of barbecue.

Source: Dow Jones Newswires


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