Equitable Chairman Departs Over Communications That Didn't Meet Standards 
 

The financial firm and its fund unit say they won't comment further on Ramon de Oliveira's resignation. Equitable replaces him with director Joan Lamm-Tennant.

 
Moderna Covid-19 Vaccine Data Shows Strong Response in Children 
 

Moderna said it would submit the results from an interim study to health regulators in the U.S., Europe and elsewhere in seeking authorization for 6- to 11-year-olds.

 
Hertz Orders 100,000 Teslas 
 

The car-rental company, recently emerged from bankruptcy under new ownership, has ordered the vehicles by the end of 2022 as part of plan to electrify fleet.

 
Facebook Whistleblower Calls for New Tech Laws in Europe 
 

Frances Haugen tells U.K. lawmakers that social-media platforms should be required to disclose actions to combat misinformation and hate speech.

 
Volvo IPO Prices Lower Than Expected Despite Ambitious EV Plans 
 

The Swedish auto maker's pricing highlights investors' unwillingness to lend traditional car makers the valuations enjoyed by younger electric-vehicle companies.

 
HSBC to Buy Back $2 Billion in Stock as Profit Jumps 
 

The London-based lender posted a surge in net profit as it navigated rising geopolitical and property-market risks in China.

 
China Evergrande Says Work on Some Residential Projects Has Resumed 
 

The highly indebted developer said construction was progressing at some of its projects in southern China, as it tries to stave off collapse and deliver homes it has promised to more than a million people.

 
Mark Cuban-Owned Company Launches Pharmacy-Benefit Manager 
 

An employer group also is starting a company to manage prescription-drug benefits as frustration mounts with the big PBMs hired to control drug spending

 
Facebook Expected to Post Slower Sales Growth With Apple Privacy Policy 
 

The social-media company's ad sales are on track for a record, even as global supply-chain shortages crimp ad spending.

 
Youth-Focused Digital Platform FaZe Clan Inks $1 Billion SPAC Deal 
 

Backed by the singer Pitbull and other entertainment and sports celebrities, FaZe Clan targets Gen Z and millennial consumers.

 
 

(END) Dow Jones Newswires

October 25, 2021 13:15 ET (17:15 GMT)

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