Regeneron Covid-19 Antibody Drug Reduced Risk of Hospitalization, Death by 70% in Late-Stage Trial

The drug was effective at a higher dose already in use and a lower dose, which the company said it would seek permission to start selling.

 
Fox Corp. Taps Former U.S. Attorney for Nevada as Compliance Chief

Nicholas Trutanich's expertise in gambling regulation was one reason for the appointment, according to Fox's new general counsel.

 
TA Associates Seeks $1.5 Billion for New Opportunities Fund

TA Associates is pitching investors on its second opportunities fund, which seeks to invest in certain companies its older flagship funds are selling.

 
Matt Zames Steps Down as Cerberus Capital's President

The departure came as a surprise to Cerberus executives, who wanted him to stay.

 
Caesars Sues Insurance Carriers, Saying They Declined to Cover Losses

The casino and hotel company brought a lawsuit against a group of insurance carriers, accusing them of refusing to cover estimated losses of more than $2 billion tied to the Covid-19 pandemic.

 
Rio Tinto to Set Up Indigenous Advisory Group, Boost Heritage Disclosures

Rio Tinto will set up an indigenous advisory group to improve the miner's understanding of cultural heritage issues following the destruction of two ancient rock shelters in Australia last year.

 
Microsoft Prepares to Reopen Its Offices and Enter Hybrid-Work Era

The software company expects partial remote work to be routine for many of its jobs, even after pandemic ends.

 
Knotel to Name WeWork Veteran Michael Gross as CEO

With the hiring, Knotel's new owners are signaling a clear break from the company's former CEO and co-founder, Amol Sarva.

 
Humana Opens Search for New CFO as Brian Kane Resigns

Mr. Kane will step down on June 1 and serve as an adviser for the rest of this year. Susan Diamond, president of the health insurance company's home business, will serve as interim CFO.

 
Investors Take Deep Losses in Northern California Real-Estate Ponzi Scheme

Investors will recover less than half of what they put into a collection of Northern California apartment buildings, office parks and other real estate without realizing the business that owned them was running as a Ponzi scheme, according to bankruptcy professionals who took it over after its founder's death.

(END) Dow Jones Newswires

March 23, 2021 03:15 ET (07:15 GMT)

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