Annual Covid-19 Vaccine Booster Shots Likely Needed, Pfizer CEO Says

Due to variants of the coronavirus, people likely will need a booster shot within a year to suppress the pool of those individuals susceptible to Covid-19, Pfizer Chief Executive Albert Bourla said Thursday. 


 
Serious Blood Clots Are More Likely in Covid-19 Sufferers Than in Those Who Got Vaccine, Study Finds

A study by the University of Oxford found the risk of rare but sometimes-deadly blood clotting is roughly eight to 10 times greater in Covid-19 sufferers than among people who have received any of the first three Western-developed vaccines widely available. 


 
CBS to Combine News and TV Stations Divisions

Wendy McMahon and Neeraj Khemlani will share responsibility for CBS News and CBS Television Stations as co-heads and presidents. 


 
SoftBank Infusion Meant to Pay Back Credit Suisse Investors Went to Greensill Bank

That $440 million took a detour, complicating Credit Suisse's efforts to recover money owed to investors after Greensill collapsed into bankruptcy. 


 
Massachusetts Goes After Robinhood's Registration

The move for revocation follows a December filing by the office of William Galvin, the secretary of the commonwealth, that accused the brokerage of aggressively marketing to inexperienced investors. 


 
Autonomous-Truck Developer TuSimple Plans Driverless Road Test This Year

The company raised $1.08 billion in an IPO Thursday that came as the U.S. is investigating the startup's ties to China. 


 
Alcoa says first quarter delivered strongest sales and profit in two years

Alcoa tops Wall Street estimates and says 2021 will be a "strong" year for the company thanks to the ongoing economic recovery and more demand for aluminum. 


 
Kimco Realty to Buy Rival Weingarten Realty for About $3.9 Billion

The deal values Houston-based Weingarten at an 11% premium to its Wednesday closing share price. 


 
Citigroup Posts Higher Earnings, Will Trim Consumer Businesses

The New York bank said it would exit its consumer operations in 13 countries, mostly across Asia, to focus on wealth management and other businesses. 


 
Shell to Let Shareholders Vote on Shift to Cleaner Energy

Shell detailed a first-of-a-kind shareholder vote over its pivot away from oil, asking investors to endorse its energy transition strategy in a nonbinding vote next month.

(END) Dow Jones Newswires

04-15-21 2115ET