News Highlights: Top Company News of the Day
Thermo Fisher Nears Deal to Buy PPD for More Than $15 Billion
If completed, deal would be the latest tie-up among companies
that run clinical trials and provide other services for
Johnson & Johnson Vaccine Pause Sparks Scrambles Across Country
Vaccination sites canceled thousands of appointments after U.S.
health authorities paused the use of Johnson & Johnson's
Covid-19 shots over reports of rare but severe blood clots, while
other sites scrambled to switch to another vaccine.
Coinbase Fetches $85 Billion in Value in Trading Debut
The cryptocurrency exchange is the first major bitcoin-focused
company to test the U.S. public market, marking a watershed moment
for an industry that began a decade ago as an experiment in digital
American-JetBlue Alliance Draws Increased Scrutiny From DOJ
The Justice Department has stepped up an antitrust probe of
American Airlines's recent partnership with JetBlue Airways,
concerned the deal could lead to anticompetitive coordination and
inflated fares at certain hubs.
Bed Bath & Beyond's Improvement Project Is Far From Finished
The selloff in Bed Bath & Beyond looks overdone considering
its unsurprising results, but the retailer still has a way to go to
win back confidence.
Wall Street Banks Do More With Less
Banks such as JPMorgan Chase and Goldman Sachs are producing
huge returns in their Wall Street arms, suggesting that perhaps
investors are undervaluing that part of their business
Kohl's to Add Directors in Deal With Activist Investors
Three retail veterans will join the board of the department
store chain, which has contended with an activist campaign since
earlier this year.
J&J Covid-19 Vaccine Pause Poses Another Test for Balancing Pandemic Risks
The pause that regulators have recommended in the rollout of
Johnson & Johnson's Covid-19 vaccine may leave some people
exposed to the virus for longer, but it could also boost public
confidence in vaccination.
How Amazon Strong-Arms Partners Using Its Power Across Multiple Businesses
A heavyweight in retail, cloud computing, digital advertising,
streaming and smart speakers, the tech giant compels vendors in one
market to engage with it in others. "Most businesses can't afford
to say no."
Analysis: Tod's Breaks New Ground With Influencer Director
The appointment to the board of Chiara Ferragni has led to a
share rally, and shows the growing importance of such figures in
(END) Dow Jones Newswires
April 14, 2021 17:00 ET (21:00 GMT)
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