News Highlights: Top Company News of the Day
March 01 2021 - 09:30AM
Dow Jones News
J&J Covid-19 Vaccine to Start Arriving as Soon as Tuesday, Administration Says
An initial supply of nearly 4 million doses of Johnson &
Johnson's single-shot Covid-19 vaccine will be delivered as early
as Tuesday morning, Biden administration officials said, with 16
million more by the end of March.
Twilio to Invest Up to $750 Million in Syniverse
The cloud-communications company's investment in Syniverse
Technologies is a precursor to a public listing for the
private-equity-owned messaging provider.
Credit Suisse Suspends $10 Billion in Funds Tied to SoftBank-Backed Greensill
The Swiss lender said it suspended a group of private investment
funds that contain $10 billion in assets from SoftBank-backed
specialty-finance company Greensill Capital.
Rocket's Mortgage Engine Is Still Running Hot
There are some strong emerging headwinds for mortgage lenders
right now, but Rocket appears to be navigating through them better
than expected.
Biden Backs Amazon Workers' Push to Unionize in Alabama
The president expressed his support in a YouTube video for
thousands of workers at an Amazon warehouse who are voting in a
union election.
Rocket Lab Nears Deal to Merge With Vector SPAC
The deal, which could be completed by Monday, would take Rocket
Lab public, valuing it at $4.1 billion, sources say.
CAE Nears Deal to Buy L3Harris's Military-Training Unit
CAE is nearing a deal to buy L3Harris Technologies'
military-training business for $1.05 billion, in a move that would
expand the Canadian aerospace company's defense business.
SoftBank Reaches $1.6B Settlement with Neumann, WeWork Committee
SoftBank Group said that it had reached a $1.6 billion
settlement agreement with WeWork co-founder Adam Neumann and the
special committee of WeWork's board.
Herbalife to Name Three New Directors as Icahn Era Ends
Herbalife Nutrition plans to overhaul its board as Carl Icahn
winds down his eight-year involvement with the company and it looks
to burnish its standing with other investors.
Goldman Consumer Head Is Leaving to Run Walmart Fintech
Omer Ismail, who helped build Goldman's consumer-banking
business from scratch, will take on a similar task at Walmart.
(END) Dow Jones Newswires
March 01, 2021 09:15 ET (14:15 GMT)
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