Target Keeps Growing at Rivals' Expense

Retailer says comparable sales jumped 20.5% last year and it gained $9 billion in sales from competitors.

 
CVS, Walgreens Look for Big Data Reward From Covid-19 Vaccines

Chains are collecting data from millions of customers as they sign up for shots, enrolling them in patient systems and having recipients register customer profiles.

 
Facebook's Hardball Move in Australia Comes With Risks

Facebook won concessions from the Australian government, but the news blackout could prompt further scrutiny as other countries consider requiring the company to pay for news.

 
Regional Bank Stocks Rise as Bond Yields Climb

The yield on the 10-year Treasury rose to 1.459% in February, the largest one-month gain since 2016. That rise has also been good for bank stocks, since higher rates typically mean higher profits.

 
Ant Group Boss Tries to Quell Employee Discontent With Promise of Eventual IPO

The executive chairman also said the company would look for ways to help workers monetize some of their shares after the company was forced to call off its listings.

 
Puff Bar Defies Fruity E-Cigarette Crackdown

In an effort to sidestep FDA rules on fruity, disposable vaporizers, e-cigarette brand Puff Bar says it is using nicotine that isn't derived from tobacco.

 
J&J Covid-19 Vaccine Shipments to States Start

Trucks have set out from distribution centers, putting the first use of Johnson & Johnson's single-dose vaccine on track to begin Tuesday.

 
Greensill 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.

 
Zoom Foresees Robust Growth Even as Pandemic Pressures Ease

The videoconferencing software provider also said its revenue more than quadrupled to $2.65 billion in its latest fiscal year as lockdowns drove demand for its service.

 
IBM Names Research Veteran as CIO

International Business Machines Corp. named a new chief information officer, as the 109-year-old company works to revamp growth by focusing on artificial intelligence and hybrid-cloud computing.

(END) Dow Jones Newswires

March 02, 2021 07:00 ET (12:00 GMT)

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