Moderna Covid-19 Vaccine Data Shows Strong Response in Children 
 

Moderna said it would submit the results from an interim study to health regulators in the U.S., Europe and elsewhere in seeking authorization for 6- to 11-year-olds.

 
Hertz Orders 100,000 Teslas 
 

The car-rental company, recently emerged from bankruptcy under new ownership, has ordered the vehicles by the end of 2022 as part of plan to electrify fleet.

 
Volvo IPO Prices Lower Than Expected Despite Ambitious EV Plans 
 

The Swedish auto maker's pricing highlights investors' unwillingness to lend traditional car makers the valuations enjoyed by younger electric-vehicle companies.

 
Facebook Expected to Post Slower Sales Growth With Apple Privacy Policy 
 

The social-media company's ad sales are on track for a record, even as global supply-chain shortages crimp ad spending.

 
HSBC to Buy Back $2 Billion in Stock as Profit Jumps 
 

The London-based bank, which makes most of its profit in Hong Kong and mainland China, earned $3.54 billion in the three months to the end of September, up from $1.36 billion in the same period last year.

 
China Evergrande Says Work on Some Residential Projects Has Resumed 
 

The highly indebted developer said construction was progressing at some of its projects in southern China, as it tries to stave off collapse and deliver homes it has promised to more than a million people.

 
Mark Cuban-Owned Company Launches Pharmacy-Benefit Manager 
 

An employer group also is starting a company to manage prescription-drug benefits as frustration mounts with the big PBMs hired to control drug spending

 
Youth-Focused Digital Platform FaZe Clan Inks $1 Billion SPAC Deal 
 

Backed by the singer Pitbull and other entertainment and sports celebrities, FaZe Clan targets Gen Z and millennial consumers.

 
Former ESPN Reporter Who Left Over Vaccine Mandate Joins the Daily Wire 
 

Allison Williams, who refused to get the Covid-19 vaccine over what she said were fertility concerns, will host a sports series available to subscribers of the conservative news site.

 
PayPal Says Not Pursuing Acquisition of Pinterest 
 

U.S. payments giant PayPal Holdings said it isn't currently pursuing a deal for social-media platform Pinterest, days after media reports that the companies were in early talks for a multibillion-dollar deal.

(END) Dow Jones Newswires

October 25, 2021 11:15 ET (15:15 GMT)