News Highlights: Top Company News of the Day
April 16 2021 - 7:30AM
Dow Jones News
Lilly Seeks to End U.S. Use of Single Covid-19 Antibody Drug Alone
The drugmaker said it will distribute a drug cocktail containing
bamlanivimab and a second antibody, etesevimab, that studies
indicate together neutralize more of the emerging Covid-19
variants.
Indianapolis Shooting Leaves at Least Eight Dead at FedEx Facility
A gunman killed eight people and wounded others at a FedEx
facility in Indianapolis before killing himself, the city's police
said.
Galaxy Digital Names Ex-Goldman Executive Michael Daffey as Chairman
The appointment is the firm's latest maneuver as it prepares for
a U.S. initial public offering later this year.
Annual Covid-19 Vaccine Booster Shots Likely Needed, Pfizer CEO Says
Due to variants of the coronavirus, people likely will need a
booster shot within a year to suppress the pool of those
individuals susceptible to Covid-19, Pfizer Chief Executive Albert
Bourla said Thursday.
Serious Blood Clots Are More Likely in Covid-19 Sufferers Than in Those Who Got Vaccine, Study Finds
A study by the University of Oxford found the risk of rare but
sometimes-deadly blood clotting is roughly eight to 10 times
greater in Covid-19 sufferers than among people who have received
any of the first three Western-developed vaccines widely
available.
Australian Court Finds Google Misled Consumers About Location Data, Regulator Says
An Australian court found that Alphabet's Google misled some
consumers about personal-location data collected through Android
mobile devices, the country's competition regulator said.
SoftBank Infusion Meant to Pay Back Credit Suisse Investors Went to Greensill Bank
That $440 million took a detour, complicating Credit Suisse's
efforts to recover money owed to investors after Greensill
collapsed into bankruptcy.
Daimler Sees First-Quarter Profits Beating Forecasts
Daimler said its first-quarter earnings will be above market
expectations helped by a solid performance of its flagship
Mercedes-Benz cars and strong demand in China.
Massachusetts Goes After Robinhood's Registration
The move for revocation follows a December filing by the office
of William Galvin, the secretary of the commonwealth, that accused
the brokerage of aggressively marketing to inexperienced
investors.
Tencent to Raise $4.15 Billion via Debt Issuance
Tencent Holdings Ltd. plans to raise a total of $4.15 billion
through debt issuance, and will use the proceeds to meet general
corporate needs.
(END) Dow Jones Newswires
April 16, 2021 07:15 ET (11:15 GMT)
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