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Market News
March 11, 2021
Purple Innovation Founders, Banker Daniel Webb Plan SPAC
The founders of mattress maker Purple Innovation Inc. and a former Bank of America Corp. technology investment banker are planning to raise a special...
March 11, 2021
U.S. Imposes New 5G License Limits on Some Huawei Suppliers
The Biden administration has informed some suppliers to China’s Huawei Technologies Co. of tighter conditions on previously approved export...
March 11, 2021
Novavax’s Shot Effective Against Covid in Final Trial Analysis
Novavax Inc.’s Covid-19 vaccine was 96.4% effective against mild, moderate and severe symptoms of the disease in the final analysis of a late-stage...
March 11, 2021
Ulta Slides as Forecast Miss Takes Shine Off CEO Transition
Ulta Beauty Inc.’s shares plunged after the beauty retailer announced a sales outlook that fell short of Wall Street’s estimates and an upcoming...
March 11, 2021
Biden Steers Off a Blunt Anti-China Message With Asian Allies
As President Joe Biden seeks to shore up ties with allies in Asia, he’s reshaping the message to avoid spooking them about America’s intentions...
March 11, 2021
Thailand Plans ‘Pawn Shop’ Style Rescue for Hotels Hit by Covid
Thailand is finalizing a rescue plan for tourism-related businesses near collapse from the pandemic that would improve their access to credit from...
March 11, 2021
Japan Needs Hundreds of Billions More in Stimulus, Lawmaker Says
Japan needs to double the nearly $700 billion it’s already budgeted in extra spending to ensure a recovery from the pandemic, says an influential...
March 11, 2021
Top Irish Securities Firm Davy Seeks Buyer After Resignations
Top Irish securities firm Davy put itself up for sale, as the crisis engulfing it continues to reverberate.
March 11, 2021
Vaccine Ads Feature Every Living Presidential Couple Except One
Four of the five living former U.S. presidents appeared in a public service announcement released Thursday to encourage Americans to get the...
March 11, 2021