Manulife Banks Nearly $4.7 Billion for Second Infrastructure Investment Fund 

The Toronto-based insurer's investment arm has raised its largest fund ever.

FDA Moving to Authorize Pfizer-BioNTech Booster for 16-, 17-Year-Olds 

The agency could authorize Covid-19 boosters as soon as next week as concerns rise over a new, possibly more transmissible variant.

FTC Asks Amazon, Walmart for Information on Supply-Chain Issues 

The Federal Trade Commission said that it is conducting a study on supply-chain problems and shortages, as part of a study into whether the problems have led to anticompetitive behavior and higher prices.

Lululemon Hits Back at Peloton, Sues Over Allegedly Copied Designs 

The athletic-apparel maker says new Peloton items are knockoffs, after Peloton last week asked a court to declare it didn't infringe on designs.

EasyJet Cautious as Omicrom Threatens Recovery 

UPDATED: EasyJet said it has seen some softening in business for the first quarter of fiscal 2022, with good booking levels for the second half, but cautioned it has prepared itself for a period of uncertainty due to the Omicron variant of the coronavirus.

Volvo Cars Full-Year on Target as Supply Situation Improves 

Volvo Cars reported lower third-quarter net profit as chip shortages and Covid-19 outbreaks in Southeast Asia led to temporary production halts, but the Swedish automaker backed its full-year guidance on strong demand.

Amazon Alabama Workers to Hold New Union Vote, Labor Official Rules 

A federal official has tossed out results from a unionization vote earlier this year, saying that the company violated labor law in its campaign against organizing, according to the National Labor Relations Board.

Microsoft's Nadella Sells Half of His Shares in Company 

The software maker's chief executive shed holdings valued at nearly $300 million last week, SEC filings show.

Schick Owner Edgewell Personal Care Buys Women's Razor Brand Billie 

The $310 million deal comes after federal regulators had blocked a deal for Gillette parent Procter & Gamble to acquire the startup.

Jack Dorsey Steps Down as CEO of Twitter 

The social-media company said Chief Technology Officer Parag Agrawal would take the reins effective immediately.


(END) Dow Jones Newswires

November 30, 2021 05:15 ET (10:15 GMT)

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