Novavax Coronavirus Vaccine Begins Human Testing 

Novavax's experimental coronavirus vaccine becomes one of at least 10 now being tested in people globally for Covid-19.

NYSE's Floor to Reopen With Masks, Waivers and Handshake Ban 

The New York Stock Exchange is set to reopen its famed trading floor Tuesday, but it won't be going back to normal.

Germany, Lufthansa Agree on $9.8 Billion Bailout 

The German government and Deutsche Lufthansa said they have agreed on a $9.81 billion bailout deal-one of the biggest aid packages by a single country hatched so far in the pandemic-hit air travel sector.

German Court Orders VW to Compensate Customers Over Emissions  Scandal 

Germany's highest civil court ruled against Volkswagen in the first case brought by customers seeking damages in connection with the car maker's emissions-cheating scandal, a landmark ruling that could herald further litigation against Volkswagen and some competitors.

Indicative Price Gives JDE Peet's IPO EUR16B Valuation 

Coffee and tea group JDE Peet's set a price range of EUR30-EUR32.25, implying a market value of up to EUR16 billion for its planned IPO on Euronext Amsterdam.

Richard Branson's Small-Satellite Launch Venture Fails First Test 

A company founded by entrepreneur Richard Branson to launch small satellites botched its initial demonstration flight, as a rocket released from a specially outfitted jumbo jet failed to reach low-earth orbit.

France's Arnault Gives Financial Lifeline to Indebted Lagardère CEO 

Billionaire Bernard Arnault agreed to take a stake in the holdings of the controlling shareholder of media conglomerate Lagardère, giving a financial lifeline to a longtime friend whose debts were undermining his control of the company.

Hertz Was Already in Terrible Shape. The Pandemic Finished It Off. 

The coronavirus has been the proverbial tide going out, exposing who's swimming naked: Troubled companies and business models are being undone, and the rental-car giant is a prime example.

Bayer Shares Rise on Report of Progress on U.S. Lawsuits 

Shares in Bayer traded higher following a report that the German chemical company has made significant headway in settling lawsuits in the U.S. related to its Roundup weedkiller.

Cyclical Stocks Are Staging a Rebound 

Shares of economically sensitive companies like manufacturers, energy companies and banks are powering the latest leg of the stock market's recovery.


(END) Dow Jones Newswires

May 26, 2020 05:00 ET (09:00 GMT)

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