Corporate/Industrial News

Pfizer Stock Rises as Company Unveils Timeline for Coronavirus Vaccine

Text size Daniel Acker/Bloomberg Shares of the big pharma firm Pfizer continue to climb a day after the company unveiled promising, and detailed, data on … Read more

Tesla stock rockets higher as deliveries crush expectations

Tesla Inc.’s massive stock rally looks poised to continue Thursday after the company easily topped delivery expectations for the second quarter. The car maker said … Read more

‘All these advertisers will be back’ soon enough

Published: July 2, 2020 at 7:50 a.m. ET Mark Zuckerberg, chief executive of Facebook Inc., speaks during the Silicon Slopes Tech Summit in Salt Lake … Read more

2.4 Million Jobs Were Added in June, ADP Report Says, Led by Small Businesses

Joe Raedle/Getty Images Text size U.S. businesses hired 2.4 million workers in June, according to private payroll processor ADP, a lower-than-expected result that shows it … Read more

Dun & Bradstreet Raises $1.7 Billion, as Stock Gains 15.2% in IPO Debut

Text size Spencer Platt/Getty Images In its second trip to the equities markets, shares of Dun & Bradstreet Holdings gained 15.2% in its trading debut … Read more

New FDA Guidance May Not Allow Covid-19 Vaccine This Year, Analyst Says

Text size The Food and Drug Administration’s new guidance document for developers of Covid-19 vaccines doesn’t spell out a timeline. SVB Leerink analyst Geoffrey Porges … Read more

Microsoft Tried to Take on Amazon in Videogame Streaming. It Quickly Failed.

Jeenah Moon/Getty Images Text size After roughly three years and about $100 million, Microsoft abruptly said it was shutting down its videogame streaming service called … Read more

General Mills Stock Is Slipping After Earnings Beat. Here’s Why.

Text size Photograph by Justin Sullivan/Getty Images General Mills is slipping in early trading, after reporting fiscal fourth-quarter earnings. General Mills (GIS) said it earned … Read more

Pfizer Offers Hope, and Details, on Potential Coronavirus Vaccine

Text size Drew Angerer/Getty Images Promising and detailed new data from the drug giant Pfizer and its German biotech partner BioNTech on an experimental Covid-19 … Read more

McDonald’s puts reopening plans on hold as coronavirus cases rise

McDonald’s Corp. is pausing the reopening of dine-in service in the U.S. as coronavirus cases continue to spread across states. The burger giant said Wednesday … Read more