Biden to Announce Merck Will Help Make Johnson & Johnson Vaccine

The assistance from a competitor will help speed up production of the single-shot vaccine that was recently approved by the FDA.

 
Target Keeps Growing at Rivals' Expense

The retailer's holiday sales rose solidly during the latest quarter, capping off a year when revenue increased more than it had in the previous 11 years combined.

 
Kohl's Restarting Stock Buybacks, Dividend Amid Activist Pressure

The department-store chain, which is facing pressure from a group of shareholders, said it also plans to spend at least $550 million on capital expenditures during new fiscal year.

 
Hertz Floats Bankruptcy Exit Led by Certares, Knighthead

The rental car company also wants to exploit favorable debt markets to exit bankruptcy by the end of the second quarter.

 
Google Working With Allianz and Munich Re on Cyber Insurance

The insurers will take data directly from Google Cloud on request to help them determine pricing for companies seeking coverage.

 
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.

(END) Dow Jones Newswires

March 02, 2021 09:15 ET (14:15 GMT)

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