Moderna Inks $1.5 Billion Coronavirus Vaccine Deal With U.S. 

Moderna Inc. said Tuesday it agreed to provide the U.S. government 100 million doses of its experimental coronavirus vaccine in exchange for more than $1.5 billion.

Authentic Brands-Simon Venture to Buy Brooks Brothers for $325 Million 

A venture backed by apparel-licensing firm Authentic Brands Group and mall owner Simon Property Group has agreed to buy Brooks Brothers Inc. for $325 million.

Kodak Chief Says Company Supports Federal Decision to Halt Loan 

CEO Jim Continenza said Kodak supports a federal agency's decision to halt a potential loan to the company, adding that the preliminary deal with the government requires more work.

Hertz Spent $13 Million on Bankruptcy Consulting in Year Before Filing 

The rental-car company racked up more than $13 million in bankruptcy-related consulting bills in the year leading up to its chapter 11 filing in May.

Tesla to Enact 5-for-1 Stock Split 

Tesla Inc. said it would enact a 5-for-1 stock split after a share-price surge over recent months vaulted the electric-vehicle maker to the status of most-valuable car company as Chief Executive Elon Musk navigated the pandemic.

Lehman Loses Effort to Recover $1 Billion From Investors 

A federal appeals court is letting investors keep roughly $1 billion they received from Lehman Brothers after its 2008 bankruptcy filing triggered the liquidation of dozens of collateralized debt obligations.

TikTok Tracked User Data Using Tactic Banned by Google 

TikTok skirted a privacy safeguard in Google's Android operating system to collect unique identifiers from millions of mobile devices, data that allows the app to track users online without allowing them to opt out, a Wall Street Journal analysis has found.

McDonald's Board Faces New Scrutiny of Investigation Into Ex-CEO 

Some investors and corporate-governance groups are questioning the handling of Steve Easterbrook's departure and the supervision of the company.

Fox News Launches International Streaming Service 

The network is rolling out a new service that will stream programming from its cable news channels to audiences overseas.

Pandemic Continues to Wallop Restaurants: Earnings at a Glance 

Restaurant chains suffered as Covid-19 restrictions kept more people at home, but companies that make household items from meal kits to mattresses reported improved results.


(END) Dow Jones Newswires

August 11, 2020 23:15 ET (03:15 GMT)

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