Moderna Developing Booster Shot Against Strain First Identified in South Africa

Moderna said its Covid-19 vaccine appeared to protect against emerging strains in lab tests, but due to a weaker immune response, the company will develop a booster shot targeting the variant first identified in South Africa.

 
GameStop Shares Surge Toward Fresh Record Ahead of Opening Bell

GameStop shares surged ahead of the opening bell, in the latest sign that frenetic trading by individual investors is leading to outsize stock-market moves.

 
Merck Scraps Covid Vaccine Candidates

Merck is halting development of its two experimental Covid-19 vaccines, after early clinical-trial data showed the shots generated disappointing immune responses against the virus.

 
Google Progresses Plan to Remove Third-Party Cookies

The Alphabet unit is pushing forward with its plan to remove a widely used tracking technology from its Chrome web browser, despite complaints from rivals that rely on it to target ads at individuals.

 
NBCUniversal's Peacock to Become WWE's Exclusive Streaming Home

World Wrestling Entertainment content will move to Peacock starting March 18 in a deal worth more than $1 billion.

 
Diamond Offshore Strikes Restructuring-Plan Agreement

The restructuring plan would cut more than $2.1 billion of the contract driller's debt.

 
Budweiser Skips Super Bowl Ad, Promises Vaccine Education Instead

Anheuser-Busch said it won't devote a Super Bowl commercial to its flagship Budweiser beer brand this year for the first time since 1983.

 
Caterpillar's Chinese Rivals Power Through the Pandemic

Sany Heavy and Zoomlion have gained market share in China while their foreign competitors have been hobbled by Covid-19.

 
Microsoft Puts on Its Game Face

The software giant's results will reflect a big gaming quarter, though console production constraints and low margins complicate the story.

 
Smart-Lock Maker Latch to Use Tishman Speyer SPAC to Go Public

Latch Inc., a maker of smart locks and building-management software, plans to go public using a so-called blank-check vehicle, joining the parade of startups looking to cash in on investor interest in tech-enabled businesses.

(END) Dow Jones Newswires

January 25, 2021 09:15 ET (14:15 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.