The New Paper

May 28, 2021

The New Paper Weekly Recap: Business

  • Closing arguments were held in the antitrust case between Epic Games and Apple (5/24)
  • Canadian National agreed to acquire Kansas City Southern for $34B (5/24)
  • Moderna announced that its coronavirus vaccine was 100% effective in adolescents (5/25)
  • Peloton announced plans to build its first US factory (5/25)
  • Washington DC AG Karl Racine filed an antitrust lawsuit against Amazon (5/26)
  • Amazon announced plans to acquire MGM for $8.5B (5/26)
  • A Dutch court ordered Royal Dutch Shell to cut its carbon emissions (5/27)
  • HCA Healthcare announced a partnership with Google (5/27)
  • Ford announced plans to invest $30B in its electric vehicle program (5/27)
  • General Motors announced plans to reopen five production facilities (5/28)
  • Acorns announced plans to go public through a $2B SPAC merger (5/28)
This story is from the May 28, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.