News Highlights: Top Company News of the Day
October 15 2021 - 01:30PM
Dow Jones News
Moderna Vaccine for Adolescents Delayed by FDA to Review Rare Side Effect
Moderna asked the Food and Drug Administration in June to expand
use of the company's Covid-19 vaccine to 12-to-17-year-olds, but
the agency has held off while it looks into the risk of
myocarditis, a rare heart condition.
Goldman Sachs Profit Rises on Deal Bonanza
The Wall Street bank said third-quarter profit jumped 60% to
$5.38 billion as its investment bankers had their second-best
quarter on record.
Walmart, With Eyes on Amazon, Tries to Build a Fintech Startup
Former Goldman executives look to marry their expertise with
retailer's consumers and data to offer financial services.
Cannabis Company Tilray Sets Blueprint for U.S. Expansion
Tilray is one of several cannabis companies structuring U.S.
acquisitions to stay within the bounds of their U.S. listings.
Facebook Should Clarify Terms of Service, Irish Privacy Regulator Says
A draft ruling from Ireland's privacy regulator would require
Facebook to change how it informs users about its data processing
but disregards complaints that the social-media giant needs to
obtain direct consent for its activities.
EA's Hot Season of Discontent
The videogame publisher is heading into an anticipated record
holiday season with questions hanging over two of its biggest
franchises.
Starwood Capital Rakes in $10 Billion for Distressed Real-Estate Deals
The private investment firm has already committed about $3.5
billion from the new fund in 25 deals, including a hotel chain and
a clutch of 4,500 rental homes.
Chinese Telecom Giant ZTE in Dispute With U.S. Court-Appointed Monitor
A Dallas lawyer appointed to monitor ZTE's compliance with
export laws has been pushing for a longer term in ways the Justice
Department sees as inappropriate, people familiar with the matter
say.
Nissan Motor Ordered to Pay $353.9 Million to Middle East Company
Nissan Motor was ordered by a Dubai court to pay $353.9 million
to Middle East company Al Dahana FZCO, which sought damages over a
distribution agreement.
Icahn to Commence Proxy Contest, Tender Offer for Southwest Gas
The billionaire investor escalated his challenge to Southwest
Gas Holdings by offering to buy shares of the Nevada utility and
announcing plans to try to replace the company's board.
(END) Dow Jones Newswires
October 15, 2021 13:15 ET (17:15 GMT)
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