Workhorse Recruits New CFO As It Navigates Federal Investigations
Electric-van manufacturer Workhorse Group Inc. named a new finance chief as it grapples with financial losses and federal investigations into its business.
Blackstone-Backed Company to Buy Stake in Media Firm Co-Founded by Will Smith and Jada Pinkett-Smith
A firm led by former Disney executives Kevin Mayer and Tom Staggs will pay about $60 million for more than 10% of Westbrook.
How Biogen Fumbled Aduhelm, Its Once-Promising Alzheimer's Drug
Early results were so impressive the company raced toward regulatory approval. But its decision to stop trials produced a therapy without proven efficacy that many patients aren't taking; "potentially the worst drug launch of all time."
Southwest, JetBlue and Other Airlines Cancel Over 1,000 U.S. Flights
Covid-19 staffing shortages and bad weather disrupted travel again on Tuesday, extending a rough stretch for carriers dating to Christmas weekend.
Giorgio Armani Cancels Fashion Shows in Milan and Paris, Citing Covid-19
The move by the Italian luxury fashion house comes as Omicron complicates plans for big events.
Walmart, Kroger Raise Prices of Covid-19 Test Kits
The retailers' price increases for BinaxNOW at-home rapid antigen tests come after the expiration of a deal with the White House to sell the kits for $14.
Scotts Miracle-Gro says cannabis slowdown and supply chain problems impacted sales
Scotts Miracle-Gro gave a guidance update and announced that it acquired two companies: Luxx Lighting and True Liberty Bags
TPG Launches IPO Roadshow Seeking Valuation Around $9.5 Billion
The private-equity firm expects to begin trading next week, people familiar with the matter say.
Tencent Sells Roughly $3 Billion in Shares of Singapore's Sea
The Chinese internet giant retains a 19% stake in the e-commerce and videogame company, whose value topped $120 billion recently.
CDC Backs Pfizer-BioNTech Booster for Immunocompromised Children
The CDC expanded its recommendation to get boosters to children 5 to 11 years with weakened immune systems. It also said people who got Pfizer's vaccine should get a booster 5 months later, down from 6.
(END) Dow Jones Newswires
01-04-22 1915ET
