Annual Covid-19 Vaccine Booster Shots Likely Needed, Pfizer CEO Says 
 

Due to variants of the coronavirus, people likely will need a booster shot within a year to suppress the pool of those individuals susceptible to Covid-19, Pfizer Chief Executive Albert Bourla said Thursday.

 
Serious Blood Clots Are More Likely in Covid-19 Sufferers Than in Those Who Got Vaccine, Study Finds 
 

A study by the University of Oxford found the risk of rare but sometimes-deadly blood clotting is roughly eight to 10 times greater in Covid-19 sufferers than among people who have received any of the first three Western-developed vaccines widely available.

 
Australian Court Finds Google Misled Consumers About Location Data, Regulator Says 
 

An Australian court found that Alphabet's Google misled some consumers about personal-location data collected through Android mobile devices, the country's competition regulator said.

 
SoftBank Infusion Meant to Pay Back Credit Suisse Investors Went to Greensill Bank 
 

That $440 million took a detour, complicating Credit Suisse's efforts to recover money owed to investors after Greensill collapsed into bankruptcy.

 
Massachusetts Goes After Robinhood's Registration 
 

The move for revocation follows a December filing by the office of William Galvin, the secretary of the commonwealth, that accused the brokerage of aggressively marketing to inexperienced investors.

 
Tencent to Raise $4.15 Billion via Debt Issuance 
 

Tencent Holdings Ltd. plans to raise a total of $4.15 billion through debt issuance, and will use the proceeds to meet general corporate needs.

 
CBS to Combine News and TV Stations Divisions 
 

Wendy McMahon and Neeraj Khemlani will share responsibility for CBS News and CBS Television Stations as co-heads and presidents.

 
Autonomous-Truck Developer TuSimple Plans Driverless Road Test This Year 
 

The company raised $1.08 billion in an IPO Thursday that came as the U.S. is investigating the startup's ties to China.

 
XPeng Looks to Sell Cars via Major Dealership Chain 
 

Chinese electric-vehicle startup XPeng Inc. is poised to expand its sales network by partnering with Zhongsheng Group Holdings Ltd., a major car dealer in the country.

 
Citigroup Posts Higher Earnings, Will Trim Consumer Businesses 
 

The New York bank said it would exit its consumer operations in 13 countries, mostly across Asia, to focus on wealth management and other businesses.

(END) Dow Jones Newswires

April 16, 2021 01:15 ET (05:15 GMT)