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. 


 
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." 


 
Nikola's Losses Widen as Executives Try to Regain Momentum

Electric-truck startup Nikola reported wider losses in the third-quarter, a tumultuous period in which company executives came under pressure to respond to questions about the legitimacy of its business. 


 
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. 


 
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. 


 
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. 


 
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 


 
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. 


 
Covid-19 Delivers Financial Blow to Nursing Homes

Genesis Healthcare, the largest U.S. nursing-home provider, said it is exploring a restructuring of debt and lease obligations as well as other options. 


 
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

11-10-20 0315ET