U.S. Seeks to Pause J&J Shot After Rare Blood-Clot Cases 

The FDA and CDC are reviewing data involving six reported cases of blood clots, and the drugmaker said it would delay its European rollout. The White House Covid-19 coordinator said the pause won't have a major effect on vaccination efforts.

Credit Suisse Identifies $2.3 Billion at Risk in Greensill Funds 

The Swiss lender flagged around $2.3 billion in problematic loans in its Greensill Capital funds, giving investors in the funds a more concrete sense of the size of their potential losses from the U.K. firm's demise.

'Fortnite' Maker Epic Games Valued at Nearly $29 Billion in Funding Round 

The videogame company raised $1 billion from new and existing investors including Sony Group.

Jack Ma's Ant Group Will End Some Practices that Helped Fuel Its Growth 

Ant Group built a complex financial ecosystem that captured huge sums of money by supplying customers with credit and managing their investments. Now, Beijing is forcing the financial-technology giant to scale back.

Gap to Replace Longtime Credit-Card Issuer Synchrony With Barclays 

The retailer's deal with the U.K. bank ends a 22-year partnership with Synchrony, the largest U.S. issuer of store credit cards.

CBS News Chief Zirinsky Nears Deal to Return to Production Roots 

CBS News President Susan Zirinsky is nearing a deal to step down after just two years in the role and sign a wide-ranging production partnership with parent company ViacomCBS Inc.

Oil Majors Face Tough Choices Even With Higher Prices 

The recovery in oil prices over the past year has eased financial pressures on big producers, but not strategic ones. They are still working out how to adjust their portfolios to a lower-carbon future.

Grab to Go Public in Record $40 Billion SPAC Merger 

The "superapp" operator said it would go public on the Nasdaq by merging with a special-purpose acquisition company, securing a near-$40 billion valuation in a new milestone for the SPAC boom that has swept markets.

Microsoft's Nuance Gambit Shows Healthcare Is Shaping Up as Next Tech Battleground 

The companies' $16 billion deal is the latest sign that the next battleground for technology giants will be in healthcare, an industry whose need to embrace data and software was underscored by the pandemic.

GumGum Raises $75 Million From Goldman Sachs 

The adtech company focuses on contextual advertising, as opposed to ads that target people based on identifiable information.


(END) Dow Jones Newswires

April 13, 2021 11:00 ET (15:00 GMT)

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