Starboard Seeks to Take Control of Corteva Board, Oust CEO 

Starboard Value is seeking to take control of agricultural giant Corteva's board and replace its chief executive, according to people familiar with the matter.

Europeans Clash With Pfizer, BioNTech Over Vaccine Deliveries 

Tension is rising between European authorities and Pfizer and BioNTech after officials said the companies had unexpectedly cut their deliveries of Covid-19 vaccines and put their immunization schedules at risk.

Blackstone Passes $2.8 Billion for Latest Credit Fund 

The strategy invests in mezzanine debt, a sector that soared last year as parched investors shopped for yield.

China Telcos Ask NYSE to Review Delisting 

China's three largest telecommunication companies said that they have asked the New York Stock Exchange to review its decision to delist their American depositary receipts.

United Airlines Offers Grim Outlook but Seeks to Rebuild 

United reported a net loss of $1.9 billion for the fourth quarter but said it has gotten a handle on how to survive its immediate challenges.

Tyson Foods to Settle Price-Fixing Claims 

The meat company has agreed to pay $221.5 million to poultry buyers, helping end a four-year fight over alleged collusion in the chicken industry.

KKR-Led Lenders Aiming To Restructure Belk Without Bankruptcy 

Some lenders to the department store chain are hoping to avoid the expense and conflict that retailers often face in bankruptcy. Besides that, in recent years retailers have often begun in Chapter 11, but ended up in liquidation.

Jay-Z to Boost Minority-Owned Cannabis Businesses 

The rapper is creating a $10 million fund to invest in startups, saying people of color have missed out on the marijuana boom.

Morgan Stanley Profit Shoots Higher, Fueled by Wall Street 

The bank's fourth-quarter profit rose 51% from a year earlier, another big U.S. lender to emerge from a turbulent year in better shape than was expected at the onset of the pandemic.

Procter & Gamble Gets Shoppers to Pay Up 

The company's sales surged in the most recent quarter, fueled in part by demand for high-end household products from pricey dish soap to a $300 electric toothbrush.


(END) Dow Jones Newswires

January 21, 2021 03:15 ET (08:15 GMT)

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