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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