News Highlights: Top Company News of the Day
Johnson & Johnson's Covid-19 Vaccine Gets Green Light From CDC
The signoff on Johnson & Johnson's newly authorized Covid-19
vaccine marks the last step before wide use can begin this week.
J&J's vaccine joins those by Pfizer-BioNTech and Moderna.
Twilio Nears Deal to Invest Up To $750M in Syniverse, Sources Say
The cloud-communications company's investment in Syniverse
Technologies LLC would be a precursor to a public listing for the
private-equity-owned messaging provider, according to people
familiar with the matter.
Credit Suisse Looks to Reduce Ties to SoftBank-Backed Greensill Capital
The Swiss bank has grown concerned about the speciality finance
firm's exposure to a single client.
Rocket Lab Nears Deal to Merge With Vector SPAC
The deal, which could be completed by Monday, would take Rocket
Lab public, valuing it at $4.1 billion, sources say.
CAE Nears Deal to Buy L3Harris's Military-Training Unit
CAE is nearing a deal to buy L3Harris Technologies'
military-training business for $1.05 billion, in a move that would
expand the Canadian aerospace company's defense business.
SoftBank Group Reaches $1.6B Settlement with Adam Neumann, WeWork Committee
SoftBank Group said that it had reached a $1.6 billion
settlement agreement with WeWork co-founder Adam Neumann and the
special committee of WeWork's board.
Herbalife to Name Three New Directors as Icahn Era Ends
Herbalife Nutrition plans to overhaul its board as Carl Icahn
winds down his eight-year involvement with the company and it looks
to burnish its standing with other investors.
Geode Closes Hedge-Fund Business
Geode Capital Management's largest private fund lost about $250
million after its bets on stock-market volatility turned sour last
year, people familiar with the matter said.
McKinsey's Leadership Vote Reveals Cracks in Its Global Partnership
A $573 million settlement for the company's work with opioids
makers prompted complaints from overseas partners, as tension rose
amid changes made by top partner Kevin Sneader.
Goldman Consumer Head Is Leaving to Run Walmart Fintech
Omer Ismail, who helped build Goldman's consumer-banking
business from scratch, will take on a similar task at Walmart.
(END) Dow Jones Newswires
February 28, 2021 23:15 ET (04:15 GMT)
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