News Highlights: Top Company News of the Day
Merck to Help Johnson & Johnson Make Its Covid-19 Vaccine
The assistance from a competitor, to be announced by President
Biden on Tuesday, will help speed up production of the recently
approved single-shot vaccine.
Target Keeps Growing at Rivals' Expense
The retailer's holiday sales rose solidly, capping off a year
when revenue increased more than it had in the previous 11 years
Hertz Floats Bankruptcy Exit Led by Investor Group
After one of the largest Covid-19 debt defaults, the rental-car
company wants to exploit favorable debt markets to exit from
bankruptcy by the end of the second quarter.
Fidelity's Assets Under Management Rise to $3.8 Trillion
A surge in interest from individual investors spurred activity
at the money manager in 2020.
Kohl's Is 'Way Ahead' of Activist Investors, CEO Says
The retail chain said it would restart share buybacks and
dividends and spend at least $550 million on capital expenditures
during new fiscal year.
SoftBank-Backed Greensill Faces Another Fund Freeze
Swiss fund manager GAM Holding froze an $842 million fund that
invests in assets from embattled startup Greensill Capital, which
is pursuing talks to sell a large part of its business.
Big Oil Faces Off Against Clean-Energy Giants
Competition for renewable assets is heating up as BP, Shell and
Total rush into a sector dominated by more experienced utility
Six Dr. Seuss Books Are Dropped After Review Finds Imagery Offensive
The decision won't affect Dr. Seuss's best known-works, which
publisher Random House Books for Young Readers and several
booksellers said would remain available to customers.
Kayleigh McEnany Joins Fox News as Commentator
The former White House press secretary is among the most
prominent veterans of the Trump administration to be hired by the
Google Working With Allianz and Munich Re on Cyber Insurance
The insurers will take data directly from Google Cloud on
request to help them determine pricing for companies seeking
(END) Dow Jones Newswires
March 02, 2021 15:15 ET (20:15 GMT)
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