Google to Buy New York City Office Building for $2.1 Billion 

The purchase in Manhattan is the priciest in the U.S. since the pandemic began.

U.S. Bancorp to Buy MUFG Union Bank for About $8 Billion 

The deal, in which U.S. Bancorp will buy MUFG Union Bank's core regional banking franchise for about $8 billion in cash and stock, would boost U.S. Bank's presence in California and other parts of the West Coast.

Hines, Korean Pension Fund Bet Big on San Francisco Comeback 

The two plan to redevelop the site of PG&E's office campus in San Francisco.

J&J Says Covid-19 Vaccine Booster Two Months After First Shot Increases Protection 

Johnson & Johnson said a booster dose of its Covid-19 vaccine administered two months after the first shot increased protection against symptomatic illness in trial participants.

Uber Says First Adjusted Profit Possible This Quarter 

The ride-hailing giant said it could reach a measure of profitability in the current quarter, months earlier than previously expected, in what would be Uber's first adjusted earnings since its inception more than a decade ago.

Shopping Online Is Getting More Expensive 

FedEx will raise shipping rates at the fastest pace in nearly a decade, adding to pressure on retailers to pass costs to customers.

Developer China Evergrande's 'Darkest Moment' Will Pass, Boss Tells Staff 

The boss of beleaguered China Evergrande said he expects the developer to emerge soon from what he called its "darkest moment" and pledged to deliver the homes it has promised to buyers and other stakeholders.

Credit Suisse's Archegos Disaster Exposes Cracks in Bank Regulation 

When Archegos blew up, it saddled Credit Suisse with $5.5 billion in losses. One reason investors and regulators were blindsided: a gap in the regulatory oversight of big international banks.

Apple iPhone Features Would Detect Depression, Cognitive Decline 

Apple is working on technology to help diagnose depression and cognitive decline, aiming for tools that could expand the scope of its burgeoning health portfolio.

Universal Music Shares Soar in Market Debut 

Shares of the company behind stars including Taylor Swift, Drake and the Beatles rose 38%, a strong vote of confidence from investors in continued growth in the music industry.


(END) Dow Jones Newswires

September 21, 2021 09:00 ET (13:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.