News Highlights: Top Company News of the Day
02 December 2020 - 1:30AM
Dow Jones News
Pfizer, Moderna Request Covid-19 Vaccine Authorization in Europe
The announcement brings hope that the EU will soon be able to
start vaccinating its 448 million people against a disease that has
done some of its earliest and worst damage on the continent.
Nasdaq Proposes Board-Diversity Rule for Listed Companies
The exchange operator said it aims to require most listed
companies to include women and people of diverse racial identities
or sexual orientation on their boards.
Sephora to Set Up Shop Inside Kohl's
Sephora plans to install 850 shops inside Kohl's stores by 2023,
upending the beauty retailer's longstanding partnership with J.C.
Penney.
Reddit Claims 52 Million Daily Users, Revealing a Key Figure for Social-Media Platforms
Reddit averaged 52 million daily active users in October, up 44%
from the same month a year earlier.
Amazon Makes Mac Commitment, Opening Door to Apple Developers
Tech giants Amazon and Apple are joining forces to support the
growing number of companies developing apps and other software for
Apple devices.
Credit Suisse Taps Lloyds Boss as Next Chairman
Credit Suisse named António Horta-Osório as its next chairman,
marking a changing of the guard after a decade under current
chairman Urs Rohner punctuated by regulatory fines and scandal.
Tech Startups Want to Sell You Their Life Insurance
Technology startups are ready to challenge traditional life
insurers head on.
Bankruptcy Judge Denies Lenders' Request to Block Sale of New York Sports Clubs Owner
Town Sports, operator of the New York Sports Clubs and Lucille
Roberts gym chains, got a green light to move forward with a plan
to wrap up a sale of its assets to its lenders and an entity
managed by investment banking firm Lepercq de Neuflize &
Co.
Northwestern Mutual Targets Resources to Black Tech Founders
The Milwaukee-based insurer said earlier this month it started
the Northwestern Mutual Black Founder Accelerator, a 12-week
program that will be run by Milwaukee-based gener8tor Management
LLC, a national startup accelerator. The funding pool and the
accelerator are among the latest corporate efforts to connect Black
entrepreneurs to venture capital.
Novavax Delays Covid-19 Vaccine Study Over Manufacturing Issues
Novavax has delayed starting a large, decisive clinical trial of
its Covid-19 vaccine in the U.S. and Mexico to sometime in the
coming weeks due to manufacturing issues, versus an earlier plan to
start by the end of November.
(END) Dow Jones Newswires
December 01, 2020 09:15 ET (14:15 GMT)
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