Covid-19 Antibody Drug Shown to Reduce Hospitalizations, Eli Lilly Says
An antibody-based drug derived from the blood of an early U.S. survivor of Covid-19 reduced the rate of hospitalization compared with a placebo in a new study of people recently diagnosed with the disease, said Eli Lilly, one of the drug's developers.
FAA, Boeing Blasted Over 737 MAX Failures in Democratic Report
A report from House Democrats reveals details of how Boeing design errors, lax government oversight and lack of transparency by the plane maker and regulators set the stage for two fatal 737 MAX crashes.
Power Companies Brace For Supply Chain Shake-Up From New Cyber Rules
Many electricity companies and vendors are holding their breath as the Trump administration finalizes new limits on foreign equipment in an effort to bolster the U.S. power grid's cybersecurity.
Inditex Returns to Profit
Inditex shares rose sharply after the Zara owner posted an above forecast profit in the second quarter as almost all stores reopened, while reporting a 21% cut in operating expenses.
Suez in Talks to Sell Recycling, Recovery Units
Suez has entered into exclusive talks to sell some of its waste-recycling and recovery activities, valued at around EUR1.1 billion, to Schwarz's PreZero.
Alibaba-Backed Courier to List in Hong Kong
ZTO Express plans to raise up to $1.56 billion, becoming the latest Chinese company to seek a secondary listing in Hong Kong as tensions between the U.S. and China rise.
Snowflake Prices IPO at $120 a Share
The price values the company, which offers businesses cloud-based data management, at more than $30 billion.
FTC Preparing Possible Antitrust Suit Against Facebook
The case preparations come after the Federal Trade Commission has spent more than a year investigating concerns that Facebook has been using its powerful market position to stifle competition.
Apple's Product Prices Are Getting More Confusing
Apple, in trying to prove that its gadgets and services are for everybody, now offers more products at more price points-resulting in too many overlapping features. What happened to Steve Jobs's keep-it-simple approach?
Microsoft's Failure to Land TikTok Raises Questions Over What's Next for CEO Nadella
Microsoft CEO Satya Nadella suffered a rare defeat in his company's failed pursuit of viral video app TikTok. That doesn't mean he's done hunting for the tech giant's next big thing.