Eli Lilly Begins Testing Covid-19 Drug Derived From Blood of Survivor 
 

Lilly began the first study of an experimental drug derived from a blood sample of an early U.S. survivor of Covid-19, a new effort to take advantage of the molecular defenses developed by recovered patients.

 
Can Meal Kits Remain Flavor of the Month? 
 

Meal-kit services are booming now that consumers are stuck at home and preparing their own food. Hanging on to the gains as lockdown rules are lifted is their next challenge.

 
Coty Appoints Chairman Peter Harf as CEO to Spearhead Turnaround 
 

Coty appointed its fourth new chief executive in less than four years, as the cosmetics and fragrance maker strives to revive slumping sales and reduce its burdensome debt load.

 
YouTube's Chase for Streaming-TV Ad Dollars Faces Hurdles 
 

YouTube wants advertisers to spend more to reach the consumers who are increasingly using their television to watch videos on its platform. The effort is a bid for a piece of the massive ad budgets that go toward traditional TV as well as the fast-growing ad spending earmarked for streaming TV.

 
Palladium's Leadership Changes Raise Concerns Over Effects on Funds 
 

Leadership changes at Palladium Equity Partners raised concerns at a Los Angeles pension system about what effect the moves might have on the performance of the firm's funds.

 
Tencent Rival NetEase Moves Ahead With Hong Kong Listing 
 

Mobile-gaming group NetEase begun taking investor orders for a multibillion-dollar Hong Kong share sale, as momentum builds for U.S.-listed Chinese companies to obtain secondary listings closer to home.

 
Nestlé Loses Fight With Impossible Over Meatless Burger Branding 
 

Nestlé must stop branding its plant-based burger "Incredible" after a European court ruled the language infringed on Impossible Foods' trademarks and could confuse consumers

 
Lufthansa Surrenders Slots in Bailout Deal 
 

Lufthansa has agreed to give up slots at Frankfurt and Munich airports as required by European authorities as part of its EUR9 billion bailout package.

 
Scania to Slash Jobs as Virus Hits Demand 
 

Scania expects to cut around 5,000 jobs as it cautioned the coronavirus will likely lead to lower demand for its vehicles for an extended time.

 
Chip Industry Seeks Billions to Expand U.S. Manufacturing 
 

Federal funds will be sought for factory building and research to keep the U.S. ahead of China and others generous in subsidizing their companies.

(END) Dow Jones Newswires

June 01, 2020 09:00 ET (13:00 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.