Elliott Urges Duke Energy to Consider Separation Into Three Companies 

The activist investor is seeking board seats at Duke and wants the company to form a strategic-review committee.

AT&T to Combine WarnerMedia Assets With Discovery 

The deal would merge the telecom giant's media assets, including CNN and HBO, into a new company, unwinding AT&T's big bet on entertainment after less than three years.

CVS, Target Drop Face-Mask Rules for Fully Vaccinated Customers 

The two companies joined other U.S. retailers that have changed their policies after federal health officials relaxed their guidelines.

Parler Names George Farmer as CEO as It Returns to Apple's App Store 

Mr. Farmer is succeeding interim chief Mark Meckler, who is leaving the company.

Goldman Taps Uber Executive to Run Its Consumer Bank 

Peeyush Nahar succeeds Omer Ismail, who left Goldman to run Walmart's new fintech startup.

Bright Machines Going Public in $1.6 Billion SPAC Merger 

The creator of a platform that uses artificial intelligence and robotics to automate tasks in manufacturing is combining with the SPAC SCVX.

Sanofi-GSK Covid-19 Vaccine Set for Large-Scale Trials After Positive Results 

France's Sanofi and U.K.-based GlaxoSmithKline said their vaccine candidate showed positive interim trial results and is expected to move into large-scale human trials soon, putting the long-delayed shot on track for potential regulatory approval later this year.

Apollo Hires Craig Farr to Head Capital-Markets Business 

Craig Farr is a veteran of Carlyle, KKR and Citigroup, and his hiring signifies the firm's push to expand the array of companies whose businesses it finances.

Apple Set to Call Tim Cook to Witness Stand to Fight Monopoly Claims 

The iPhone maker's chief executive is set to argue the company's case against Epic Games' antitrust claims.

Stonepeak and Charging Firm Nuvve Want to Electrify School Buses 

The private-equity firm is forming a joint venture with a newly public supplier of charging technology.


(END) Dow Jones Newswires

May 17, 2021 13:15 ET (17:15 GMT)

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