News Highlights: Top Company News of the Day
Lilly's Covid-19 Antibody Treatment Authorized for Use in Children
The FDA's authorization expands the drug's use to fight Covid-19
to people under the age of 12.
Twitter CEO Shakes Up Leadership Team to Spur Change
Moves by Parag Agrawal quickly follow the departure of Jack
Dorsey late last month.
Cathie Wood's ARK Innovation ETF Sinks During Selloff
A broad selloff in technology shares is punishing fund manager
Cathie Wood's flagship ARK Innovation exchange-traded fund.
DocuSign Shares Fall More Than 40% as Customer Behavior Shifts
The e-signature software maker missed on a key earnings metric
during the October quarter, pulling in billings that fell short of
its prior guidance.
Didi Hunts for Way to Delist, Rocking Chinese ADRs
Investors punished shares of Chinese companies traded in the
U.S., as the ride-hailing giant's attempted shift toward a Hong
Kong listing heralded a new stage in a broader U.S.-China
China Evergrande Requests Help From Government as Debt Crunch Looms
The government of Guangdong, China's province where the
struggling developer is based, says it will dispatch a working
group at the request of Evergrande to help the company manage its
China Set to Create New State-Owned Rare-Earths Giant
The move, expected to be announced this month, would aim to
strengthen China's dominance of the global supply chain around the
Retailers Bolster Security After 'Flash Mob' Robberies
Thefts during the busy holiday shopping season mark an increase
in intensity because of the size of the criminal groups and the
organized nature of the crimes, said retail and security
Allianz Strikes Deal Over Management of $35 Billion in U.S. Annuities
The financial giant's U.S. life insurer reached an agreement to
reinsure liabilities of $35 billion in one of the largest
transactions of its kind.
AmEx Business Travel Going Public Through Merger With Apollo SPAC
The booking services provider under CEO Paul Abbott is merging
with a blank-check company after it made several acquisitions
during the pandemic.
(END) Dow Jones Newswires
December 03, 2021 17:15 ET (22:15 GMT)
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