Moderna's Covid-19 Vaccine Is Cleared for American Use

The Food and Drug Administration's authorization of Moderna's vaccine in people ages 18 years and older means that vaccinations with the shot could start as soon as Monday. 


 
Jack Ma Makes Ant Offer to Placate Chinese Regulators

The offer appeared a mea culpa of sorts from the Chinese billionaire as he found himself face to face with officials from China's central bank and agencies overseeing securities, banking and insurance. 


 
Tesla Bulls Double Down as Stock Reaches New Heights

The electric-car maker's shares are extending their relentless run as the company prepares to join the benchmark S&P 500 stock index. 


 
FIS, Global Payments Held Unsuccessful Talks to Merge

A merger deal could have been valued at around $70 billion, people familiar with the matter said, in a sign that a wave of consolidation is still sweeping through the payments industry. 


 
Senate Panel Rebukes FAA in Wake of Boeing 737 MAX Tragedies

A congressional panel issued a report documenting what it determined were safety-oversight lapses by the FAA, from agency intimidation of federally protected whistleblowers to lax policing of maintenance errors. 


 
'Wonder Woman 1984' Debut Overseas Stifled by Pandemic

The highly anticipated sequel from Warner Bros. faced stiff headwinds as the studio rolled out the film across a patchwork of international markets ahead of a Christmas Day debut in the U.S. 


 
Indian iPhone Factory Apologizes to Workers for Mishandling Wages

Taiwanese-owned Wistron, which is a contract manufacturer for Apple, apologized for mishandling wages at its plant in India, saying it will correct the problems that led a group of angry workers to damage its facilities a week ago. 


 
Chip Giants Intel and Nvidia Face New Threats From Amazon to Google

Big tech companies are getting into the custom chip-making game in the hunt for improved performance and lower costs, shifting the balance of power in the industry. 


 
Fiat Chrysler's Mike Manley to Lead Americas After Merger

The North American operations of Fiat Chrysler have been the group's cash cow, offsetting losses racked up in other parts of the world. 


 
Nike Powers Through Pandemic With Digital Push

The sportswear giant reported higher profit and revenue, boosted by China and an 84% jump in digital sales.

(END) Dow Jones Newswires

12-20-20 2115ET