News Highlights: Top Company News of the Day
21 January 2021 - 2:15PM
Dow Jones News
Lilly Antibody Drug Prevents Covid-19 in Nursing Homes, Study Finds
The drugmaker plans to ask U.S. health regulators to expand
bamlanivimab's use to protect nursing-home residents and staff from
Covid-19.
Travelers' Net Written Premiums Rose Under 3% in Fourth Quarter
Travelers's net written premiums for the fourth quarter rose,
while net written premiums for business insurance slipped
slightly.
Intel to Cap Off Difficult Year Ahead of New Chief
The chip maker is expected to report record annual sales
blemished by market-share losses and technical setbacks.
Starboard Seeks to Take Control of Corteva Board, Oust CEO
Starboard Value is seeking to take control of agricultural giant
Corteva's board and replace its chief executive, according to
people familiar with the matter.
Bumble's Bet on Women Won't Pay Off Everywhere
Women have fallen fast for Bumble's platform, but investors may
want to take it slow.
Europeans Clash With Pfizer, BioNTech Over Vaccine Deliveries
Tension is rising between European authorities and Pfizer and
BioNTech after officials said the companies had unexpectedly cut
their deliveries of Covid-19 vaccines and put their immunization
schedules at risk.
Blackstone Passes $2.8 Billion for Latest Credit Fund
The strategy invests in mezzanine debt, a sector that soared
last year as parched investors shopped for yield.
Buffett-Backed BYD Sells $3.9 Billion of Shares as EV Stocks Electrify
The Chinese car maker joins peers in capitalizing on investor
bullishness about new-energy vehicles.
Jack Ma Is Back, but Ant's Troubles Are Far From Over
Chinese billionaire Jack Ma, once the richest man in the
country, has resurfaced after being out of the public eye for
months. But his real troubles-and those of his business empire-may
be just beginning.
Chinese Telecom Carriers Ask NYSE to Make Another U-Turn on Delisting
China Mobile, China Unicom (Hong Kong) and China Telecom filed
requests asking the NYSE to reverse its decision to delist their
American depositary receipts.
(END) Dow Jones Newswires
January 21, 2021 09:00 ET (14:00 GMT)
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