Fisker Reports Wider Loss

Fisker Inc. reported a wider March quarter net loss as the electric-vehicle maker ramps up operations to start production of its first model in late 2022.

 
Elliott Urges Duke Energy to Consider Separation Into Three Companies

The activist investor is seeking board seats at Duke and wants the company to form a strategic-review committee.

 
AT&T to Combine WarnerMedia Assets With Discovery

The deal would merge the telecom giant's media assets, including CNN and HBO, into a new company, unwinding AT&T's big bet on entertainment after less than three years.

 
CVS, Target Drop Face-Mask Rules for Fully Vaccinated Customers

The two companies joined other U.S. retailers that have changed their policies after federal health officials relaxed their guidelines.

 
Parler Names George Farmer as CEO as It Returns to Apple's App Store

Mr. Farmer is succeeding interim chief Mark Meckler, who is leaving the company.

 
Goldman Taps Uber Executive to Run Its Consumer Bank

Peeyush Nahar succeeds Omer Ismail, who left Goldman to run Walmart's new fintech startup.

 
Bright Machines Going Public in $1.6 Billion SPAC Merger

The creator of a platform that uses artificial intelligence and robotics to automate tasks in manufacturing is combining with the SPAC SCVX.

 
Sanofi-GSK Covid-19 Vaccine Set for Large-Scale Trials After Positive Results

France's Sanofi and U.K.-based GlaxoSmithKline said their vaccine candidate showed positive interim trial results and is expected to move into large-scale human trials soon, putting the long-delayed shot on track for potential regulatory approval later this year.

 
Apollo Hires Craig Farr to Head Capital-Markets Business

Craig Farr is a veteran of Carlyle, KKR and Citigroup, and his hiring signifies the firm's push to expand the array of companies whose businesses it finances.

 
Apple Set to Call Tim Cook to Witness Stand to Fight Monopoly Claims

The iPhone maker's chief executive is set to argue the company's case against Epic Games' antitrust claims.

(END) Dow Jones Newswires

May 17, 2021 17:00 ET (21:00 GMT)

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