Aston Martin Replaces CEO With Daimler Executive in Bid for Survival

The British sports-car company made famous by James Bond ousted its chief executive in a fresh bid to resuscitate a storied brand that has been on life support. 


 
Merck Does Deals to Develop Coronavirus Vaccines, Drug

Drugmaker Merck said it is buying a privately held Austrian company to obtain one vaccine while joining with other groups on a second vaccine and an antiviral. 


 
Kimmeridge Energy Raises $109 Million for New Stock Fund

Kimmeridge Energy Management has raised more than $109 million so far for a new fund focused on investing in public energy securities, a filing shows. 


 
Hertz Was Already in Terrible Shape. The Pandemic Finished It Off.

The coronavirus has been the proverbial tide going out, exposing who's swimming naked: Troubled companies and business models are being undone, and the rental-car giant is a prime example. 


 
Novavax Coronavirus Vaccine Begins Human Testing

Novavax's experimental coronavirus vaccine becomes one of at least 10 now being tested in people globally for Covid-19. 


 
Premier Takes Stake in Mask Maker Prestige Ameritech

Hospital-supply buyer Premier struck a multiyear deal with mask maker Prestige Ameritech, an early effort to reverse decades of outsourcing of medical-equipment production. 


 
Germany, Lufthansa Agree on $9.8 Billion Bailout

The German government and Deutsche Lufthansa said they have agreed on a $9.81 billion bailout deal-one of the biggest aid packages by a single country hatched so far in the pandemic-hit air travel sector. 


 
German Court Orders VW to Compensate Customers Over Emissions  Scandal

Germany's highest civil court ruled against Volkswagen in the first case brought by customers seeking damages in connection with the car maker's emissions-cheating scandal, a landmark ruling that could herald further litigation against Volkswagen and some competitors. 


 
Indicative Price Gives JDE Peet's IPO EUR16B Valuation

Coffee and tea group JDE Peet's set a price range of EUR30-EUR32.25, implying a market value of up to EUR16 billion for its planned IPO on Euronext Amsterdam. 


 
A $100 Billion Meituan Should Make Investors Queasy

China's largest food-delivery company is up 36% this year. Investors may want to enjoy their takeout rather than buying further in.