Adobe to Acquire Workfront for $1.5 Billion
Adobe has agreed to acquire Workfront, a work-management platform aimed at marketers, for $1.5 billion
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.
Brazil Suspends Trials of China's Sinovac Coronavirus Vaccine
Brazil's health regulator Anvisa said Monday it has suspended clinical trials of China's Sinovac coronavirus vaccine, long expected to be one of the first to be approved in the country, following a "severe adverse event."
Lilly's Covid-19 Antibody Drug Gets FDA Green Light
U.S. health officials authorized use of the first treatment for people with earlier-stage Covid-19 who aren't hospitalized, filling a gap in treatment.
GM Plans to Hire 3,000 New Workers to Deepen Tech Expertise
GM 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.
TriMark Lenders Sue Competing Investors for Jumping Ahead
Lenders to TriMark USA sued a group of competing investors in the food-service supplier, saying the group put together a $427.5 million rescue financing package that unfairly vaulted those investors to the top position in the repayment line.
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.
Sumeru Equity Partners Raises $720 Million for Latest Technology Fund
The firm exceeded its $600 million target for Sumeru Equity Partners Fund III LP, which closed in late October.
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.
(END) Dow Jones Newswires
11-09-20 2115ET