News Highlights: Top Company News of the Day
Pfizer, BioNTech Ask FDA for Full Approval of Covid-19 Vaccine
Companies seek new standing for vaccine that would ease
restrictions on distribution and advertising and give it the
imprimatur of one of the world's most influential regulatory
U.S. Support for Patent Waiver Unlikely to Cost Covid-19 Vaccine Makers in Short Term
The Biden administration's move doesn't affect vaccine makers'
deals to supply billions of dollars in doses, but could have
Carlyle Turns to SPX Capital in New Approach to Brazil
SPX Capital is absorbing members of Carlyle's team in Brazil and
becoming a subadviser to the Washington, D.C., firm's $776 million
South America buyout fund.
Hedge-Fund Founder Gets Prison Sentence for Fraud Tied to Neiman Bankruptcy
Dan Kamensky was sentenced to six months in prison for
bankruptcy fraud over his attempt to quash a rival bid for shares
of a Neiman Marcus Group business that he wanted to buy
DraftKings Reports Higher Revenue, Costs as It Bets on Growth
The sports-betting platform benefited from a rollout in more
states, but the gains came with significantly higher marketing
Cinemark, Studios Reach Deals on How Movies Are Shown
The agreements are aimed at establishing a model for how long
movies would play in theaters before moving to home video.
NYSE to Delist Chinese Telecom Carriers After Rejecting Appeals
China's big three telecom carriers lost their appeals against
being kicked off the New York Stock Exchange and will be delisted
to comply with an investment ban introduced by former President
Square's Edge Still Comes from Sellers
The financial-technology company's Cash App might be getting a
lot of the attention right now, but linking up the app with a
growing seller business is a big opportunity.
Grocers, Restaurants to Suppliers: Hurry Up, Make More
Retailers are implementing penalties for late or incomplete
orders, adding pressure to food makers dealing with labor and
Barclays Activist Investor Sells Entire Stake
Edward Bramson's Sherborne Investors said it sold its entire
stake in Barclays, giving up on a yearslong activist campaign to
restructure the British bank with a major Wall Street presence.
(END) Dow Jones Newswires
May 07, 2021 17:15 ET (21:15 GMT)
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