News Highlights: Top Company News of the Day
March 01 2021 - 1:30PM
Dow Jones News
Single Shot of AstraZeneca, Pfizer Covid-19 Vaccines Is Effective, U.K. Says
One dose reduces the risk of hospitalization among people over
70 years old by 80% compared with those of a similar age who
weren't vaccinated, according to new data from a large study in
Britain.
Russia Leans On Twitter to Delete Content
The country's communications watchdog accused Twitter of
violating Russian law by failing to delete banned content for the
past several years
United Airlines Buys 25 New Boeing 737 MAX Jets
The deal is a boost for the plane maker that has lost hundreds
of MAX orders during a nearly two-year grounding following two
fatal crashes of the jet.
J&J Covid-19 Vaccine Shipments to States Start
Trucks have set out from a distribution center, meaning initial
vaccinations using Johnson & Johnson's single-dose shot are on
track to begin as early as Tuesday.
Exxon Adds New Board Members Amid Activist Pressure
The oil giant said Jeffrey Ubben and Michael Angelakis would
join its board, but Engine No. 1 plans to continue a proxy
fight.
Texas Blackout Bills Plunge Power Supplier Brazos Into Bankruptcy
Texas's largest electric-power cooperative filed for bankruptcy,
saying it is overwhelmed by the more than $2.1 billion in sudden
bills stemming from the extreme winter weather that blanketed the
state last month.
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.
Greensill Capital Faces Possible Insolvency After Credit Suisse Suspends Funds
The SoftBank-backed lender has hired restructuring advisers and
could file for insolvency within days, people familiar with the
matter said, after Credit Suisse suspended $10 billion in
investment funds.
CAE to Buy L3Harris's Military-Training Business
CAE agreed to buy L3Harris Technologies' military-training
division for $1.05 billion, in a move that would expand the
Canadian aerospace company's defense business.
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.
(END) Dow Jones Newswires
March 01, 2021 13:15 ET (18:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.