Shell Near Deal to Sell Permian Assets to ConocoPhillips for $9.5 Billion

The sale would be one of the biggest recent transactions in the shale patch as large oil companies come under increasing pressure to diversify outside of fossil fuels.

 
SEC Is Investigating Activision Blizzard Over Workplace Practices, Disclosures

Federal regulators have launched an investigation into Activision Blizzard, including how the videogame company handled employees' allegations of sexual misconduct and workplace discrimination.

 
GM to Replace Batteries in Recalled Chevy Bolts

Dealerships are scheduled in mid-October to begin fixing Chevrolet Bolts that were recalled for fire risk, although many owners of the electric car likely will have to wait months.

 
Twitter to Pay $809.5 Million to Settle Securities Suit

The consolidated class-action securities lawsuit alleged the social-media company deliberately misled investors about user engagement in 2015.

 
Fidelity Taps Joanna Rotenberg to Head $4 Trillion Personal-Investing Business

The appointment of Ms. Rotenberg, who was at Canada's BMO Financial Group, comes amid wave of stock trading by individual investors.

 
AstraZeneca Breast Cancer Drug Found to Reduce Risk of Dying

The drug maker said Enhertu significantly reduced the risk of death or disease progression in women with advanced disease in a large clinical trial, the latest sign that its push into oncology is starting to pay off.

 
Allianz Asset-Management Head in Talks to Depart

Jacqueline Hunt is in talks to leave the company as it navigates a Justice Department probe into a group of investment funds that suffered steep losses last year.

 
Pfizer, BioNTech Say Vaccine Is Safe for Young Children

The companies said the Covid-19 vaccine generated levels of antibodies that were similar to those of younger adults. Pfizer will seek emergency use authorization in the U.S. as early as the end of the month.

 
Freshworks Shouldn't Spoil on Delivery

The cloud-software company's IPO should stand out for its reasonable valuation and path to profitability.

 
CVS Makes Hiring Push Amid Worker Shortage, Demand for Vaccines

The largest U.S. pharmacy chain by stores said it plans to add 25,000 employees this week in a single-day hiring spree to prepare for a potential surge in demand for Covid-19 booster shots.

(END) Dow Jones Newswires

September 20, 2021 17:15 ET (21:15 GMT)

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