Big Oil Faces Off Against Clean-Energy Giants

Competition for renewable assets is heating up as BP, Shell and Total rush into a sector dominated by more experienced utility companies.

 
Fidelity's Assets Under Management Rise to $3.8 Trillion

A surge in interest from individual investors spurred activity at the money manager in 2020.

 
Merck to Help Johnson & Johnson Make Its Covid-19 Vaccine

The assistance from a competitor, to be announced by President Biden on Tuesday, will help speed up production of the recently approved single-shot vaccine.

 
Kohl's Is 'Way Ahead' of Activist Investors, CEO Says

Retail chain said it would restart share buybacks and dividend and spend at least $550 million on capital expenditures during new fiscal year.

 
SoftBank-Backed Greensill Faces Another Fund Freeze

Swiss fund manager GAM Holding froze an $842 million fund that invests in assets from embattled startup Greensill Capital, which is pursuing talks to sell a large part of its business.

 
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.

 
Hertz Floats Bankruptcy Exit Led by Investor Group

After one of the largest Covid-19 debt defaults, the rental car company 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.

(END) Dow Jones Newswires

March 02, 2021 13:15 ET (18:15 GMT)

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