Pfizer's Covid-19 Vaccine Proves 90% Effective in Trials

The positive, though incomplete, results bring the vaccine a big step closer to getting cleared for widespread use. The timetable suggests the vaccine could go into distribution this month or next. 


 
GM Plans to Hire 3,000 New Workers to Deepen Tech Expertise

General Motors is looking to bolster its engineering and software-development ranks by recruiting new employees, the latest auto maker to bulk up on tech talent as competition with Silicon Valley intensifies for the future automobile. 


 
Real-Estate Stocks Soar on Vaccine Hopes

The sector has trailed well behind the overall market this year after the pandemic altered work and shopping patterns, pressuring many tenants of commercial property. 


 
Zoom to Get Closer Scrutiny Under FTC Settlement

The federal agency had alleged that Zoom for at least the past four years promised users a level of data encryption it didn't provide. 


 
Boeing Jets, Other U.S. Goods Worth $4 Billion Face EU Tariffs

The European Union will impose tariffs on $3.99 billion of Boeing jets and other U.S. goods annually as part of a long-running trade dispute, the bloc's trade chief said. 


 
McDonald's to Add 'McPlant' Items, After Test With Beyond Meat

The fast-food chain is making changes to its menu and operations as the pandemic persists, including an emphasis on to-go orders and new vegetarian items. 


 
Biogen Stock Might Not Recover From Alzheimer's Treatment Setback

A potential blockbuster drug hits yet another bump in the road, and shareholders will feel the pain. 


 
Supreme Streetwear Brand Sold to VF in $2.1 Billion Deal

Supreme, a streetwear brand with 12 stores and a cult following, is being sold to the parent company of Vans and Timberland. 


 
Kevin Mayer, Ex-TikTok CEO, Joins Investment Firm Founded By Billionaire Len Blavatnik

Access Industries said Mr. Mayer will focus on its media-related businesses and identify new potential opportunities for the firm. 


 
SoftBank Comeback Stays on Track With $6 Billion Profit

Technology investor SoftBank Group logged a profit of more than $6 billion in the July-September quarter, driven by rising share prices for some of its portfolio companies.

(END) Dow Jones Newswires

11-09-20 1515ET