Elliott Management Explores Raising a SPAC
The hedge fund is looking to raise more than $1 billion for the vehicle.
Rough Landing Expected for the Glut of New Small-Rocket Makers
Companies and entrepreneurs world-wide are working on more than 100 new small-rocket ventures, but industry officials anticipate a shakeout eventually may leave just a handful of survivors.
Silver Billionaire Thomas Kaplan Welcomes Trading Frenzy
His investment company, Electrum Group, quietly built up a silver mining empire over a decade, waiting for long-stagnant prices to rebound. He just didn't expect it to happen all in one day.
Slow Covid-19 Vaccine Rollout, New Variants Shift Some Business Plans
The rollout and new variants are pushing back CEO expectations for when consumers will return en masse to traveling, eating out and shopping in stores.
Rollout of AstraZeneca Covid-19 Vaccine Halted in South Africa
A small clinical trial in South Africa found that AstraZeneca's Covid-19 vaccine doesn't appear to protect recipients against mild and moderate illness from a fast-spreading new strain of the virus.
Vocus Gets Takeover Proposal from MIRA
Vocus Group Ltd. said it received a takeover proposal from Macquarie Infrastructure and Real Assets Holdings Pty Ltd. and its managed funds that values its equity at $2.62 billion.
China Approves Sinovac Vaccine for Broad Use Against Covid-19
The country's drug regulator has given provisional approval to a Covid-19 vaccine developed by Chinese drugmaker Sinovac Biotech, which has faced questions over its vaccine efficacy due to a lack of transparency around clinical trial data.
Musk's Dogecoin Tweeting Has Believers Barking for More
A cryptocurrency that began in 2013 as a joke is suddenly worth a total of more than $6 billion.
Fox Cancels 'Lou Dobbs Tonight' After Anchor Was Named in Lawsuit
The lawsuit against Fox News filed Thursday by Smartmatic USA mentioned remarks made about the company by anchors including Lou Dobbs.
Ex-Cred Executive Must Return Bankrupt Firm's Bitcoin
A former Cred executive was ordered to turn over millions of dollars of cash and bitcoins that the bankrupt cryptocurrency platform and its creditors said belong to the business.
(END) Dow Jones Newswires
02-07-21 2115ET
