Moderna Says New Variant Vaccine Is Ready for Human Testing 
 

The biotech company has sent the NIH a first batch of doses of its newly designed shot that targets the coronavirus strain first identified in South Africa.

 
Verizon Spends $45.5 Billion to Top 5G Spectrum Bidders 
 

The cellphone carrier pledged a record sum to secure airwaves for faster wireless service in a $81 billion FCC auction.

 
Icon to Buy Clinical-Trial Rival PRA in $12 Billion Deal 
 

Icon PLC's $12 billion deal to acquire a rival, PRA Health Sciences, would create a contract research powerhouse and expand the role of technology in clinical trials and drug development.

 
U.K. Investment Managers Push for More Diversity on Boards 
 

U.K. investment managers plan to step up pressure on companies to increase the presence of racial and ethnic minorities on their boards.

 
Volvo, Geely Back Away From Merger 
 

The two auto makers said they would combine their engine and transmissions business after opting not to merge, renewing speculation that Volvo could pursue a public listing.

 
McKinsey Partners Vote Out Leader After Crises 
 

The consulting firm's partners have voted to replace Kevin Sneader as its global managing partner amid fallout from a series of crises during his three-year tenure.

 
Facebook to Spend $1 Billion on News Content Over Three Years 
 

The social-media company's pledge comes as governments around the world heighten their scrutiny of tech giants over paying for news content that appears on their platforms.

 
J&J's Covid-19 Vaccine Is Safe and Effective, FDA Says 
 

The U.S. Food and Drug Administration said Johnson & Johnson's single-dose Covid-19 vaccine works safely, paving the way for the approval of a third vaccine in the U.S. as early as this weekend.

 
Square Bets on Bitcoin to Shape Its Future 
 

If the payments company is to grow into its huge valuation, it will need to convert users' dalliance with the digital currency into long-term relationships.

 
When Is Roblox Going Public, and What Is a Direct Listing? 
 

The videogame provider will soon join the ranks of closely held companies bypassing the traditional route of an initial public offering.

(END) Dow Jones Newswires

February 24, 2021 17:00 ET (22:00 GMT)