News Highlights: Top Company News of the Day
May 07 2021 - 7:30PM
Dow Jones News
AstraZeneca Weighs Seeking Full U.S. Approval for Covid Shot, Skipping Emergency-Use Application
The British drugmaker could skip asking the FDA for
emergency-use authorization for its Covid-19 vaccine-and instead
pursue the more time-intensive application for a full-fledged
license to sell the shot.
Bombardier Says U.S. DOJ Has Requested Information on Indonesian Jet Deals
The transactions, which took place around a decade ago, were
already under investigation by U.K. authorities for alleged bribery
and corruption.
Pfizer, BioNTech Ask FDA for Full Approval of Covid-19 Vaccine
Companies seek new standing for vaccine that would ease
restrictions on distribution and advertising and give it the
imprimatur of one of the world's most influential regulatory
bodies.
U.S. Support for Patent Waiver Unlikely to Cost Covid-19 Vaccine Makers in Short Term
The Biden administration's move doesn't affect vaccine makers'
deals to supply billions of dollars in doses, but could have
longer-term consequences.
Carlyle Turns to SPX Capital in New Approach to Brazil
SPX Capital is absorbing members of Carlyle's team in Brazil and
becoming a subadviser to the Washington, D.C., firm's $776 million
South America buyout fund.
Hedge-Fund Founder Gets Prison Sentence for Fraud Tied to Neiman Bankruptcy
Dan Kamensky was sentenced to six months in prison for
bankruptcy fraud over his attempt to quash a rival bid for shares
of a Neiman Marcus Group business that he wanted to buy
himself.
DraftKings Reports Higher Revenue, Costs as It Bets on Growth
The sports-betting platform benefited from a rollout in more
states, but the gains came with significantly higher marketing
expenses.
Cinemark, Studios Reach Deals on How Movies Are Shown
The agreements are aimed at establishing a model for how long
movies would play in theaters before moving to home video.
NYSE to Delist Chinese Telecom Carriers After Rejecting Appeals
China's big three telecom carriers lost their appeals against
being kicked off the New York Stock Exchange and will be delisted
to comply with an investment ban introduced by former President
Donald Trump.
Square's Edge Still Comes from Sellers
The financial-technology company's Cash App might be getting a
lot of the attention right now, but linking up the app with a
growing seller business is a big opportunity.
(END) Dow Jones Newswires
May 07, 2021 19:15 ET (23:15 GMT)
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