News Highlights: Top Company News of the Day
April 15 2021 - 9:30PM
Dow Jones News
Annual Covid-19 Vaccine Booster Shots Likely Needed, Pfizer CEO Says
Due to variants of the coronavirus, people likely will need a
booster shot within a year to suppress the pool of those
individuals susceptible to Covid-19, Pfizer Chief Executive Albert
Bourla said Thursday.
Serious Blood Clots Are More Likely in Covid-19 Sufferers Than in Those Who Got Vaccine, Study Finds
A study by the University of Oxford found the risk of rare but
sometimes-deadly blood clotting is roughly eight to 10 times
greater in Covid-19 sufferers than among people who have received
any of the first three Western-developed vaccines widely
available.
CBS to Combine News and TV Stations Divisions
Wendy McMahon and Neeraj Khemlani will share responsibility for
CBS News and CBS Television Stations as co-heads and
presidents.
SoftBank Infusion Meant to Pay Back Credit Suisse Investors Went to Greensill Bank
That $440 million took a detour, complicating Credit Suisse's
efforts to recover money owed to investors after Greensill
collapsed into bankruptcy.
Massachusetts Goes After Robinhood's Registration
The move for revocation follows a December filing by the office
of William Galvin, the secretary of the commonwealth, that accused
the brokerage of aggressively marketing to inexperienced
investors.
Autonomous-Truck Developer TuSimple Plans Driverless Road Test This Year
The company raised $1.08 billion in an IPO Thursday that came as
the U.S. is investigating the startup's ties to China.
Alcoa says first quarter delivered strongest sales and profit in two years
Alcoa tops Wall Street estimates and says 2021 will be a
"strong" year for the company thanks to the ongoing economic
recovery and more demand for aluminum.
Kimco Realty to Buy Rival Weingarten Realty for About $3.9 Billion
The deal values Houston-based Weingarten at an 11% premium to
its Wednesday closing share price.
Citigroup Posts Higher Earnings, Will Trim Consumer Businesses
The New York bank said it would exit its consumer operations in
13 countries, mostly across Asia, to focus on wealth management and
other businesses.
Shell to Let Shareholders Vote on Shift to Cleaner Energy
Shell detailed a first-of-a-kind shareholder vote over its pivot
away from oil, asking investors to endorse its energy transition
strategy in a nonbinding vote next month.
(END) Dow Jones Newswires
April 15, 2021 21:15 ET (01:15 GMT)
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