Bloomberg

Pfizer Inc's (NYSE: PFE) - BioNTech SE's (NASDAQ: BNTX) COVID-19 vaccine is effective against hospitalization and more severe disease in cases caused by the contagious delta variant in Israel, according to the health ministry's  But, the shot was just 39% effective...

A new survey from Goldman Sachs Group Inc (NASDAQ: GS) found that nearly half of its family office clients want to add cryptocurrencies to their investment portfolios. What Happened: According to a report from Bloomberg, 45% of Goldman’s “ultra-rich” clients sought exposure...

AT&T Inc (NYSE: T) is in discussions to sell its Xandr division to Indian advertising-tech company InMobi, Bloomberg reported. Axios previously reported on the talks. The move reflects AT&T's shift from Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) to Google...

New data out of China shows Tesla, Inc. (NASDAQ: TSLA) had a strong month in June for its Shanghai Giga-made Model 3 and Model Y vehicles. What Happened: New care registrations for Tesla's made-in-China Model 3 sedan and Model Y crossover vehicle climbed 29% month-over-month in June, Bloomberg...

AT&T Inc's (NYSE: T) WarnerMedia owned cable news channel CNN aims to launch its streaming service in 2022, Bloomberg reports. The service touted as CNN+ will begin from Q1 of 2022 and run 8 - 12 hours of live, daily programming and longer-form documentary-style shows....

Tencent Holdings Ltd (OTC: TCEHY) agreed to acquire the remaining unowned stake in Sumo Group PLC (OTC: SUMGF), Bloomberg reports. Tencent offered 513 pence per share for Sumo, a 43% premium to Sumo's last closing price. The transaction values Sumo at $1.26 billion. ...

Amazon.com Inc (NASDAQ: AMZN) backed electric pickup maker Rivian Automotive Inc postponed production of its debut vehicle due to component supply crisis, Bloomberg reports. The production was supposed to begin in September. It also deferred the timeline for its second planned...

Samsung Electronics Co Ltd (OTC: SSNLF) explores a second location in Texas for its $17 billion U.S. semiconductor plant, Bloomberg reports. It is eyeing a six million-square-foot site apart from a previously disclosed expansion of its Austin base. Samsung is likely to begin construction...

Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) CEO C.C. Wei confirmed the company's ongoing due diligence to build a fabrication plant in Japan, Bloomberg reports. He also elaborated plans to expand its manufacturing capabilities in the U.S. and China at a Q&A session...

If you collect trading cards or World Cup stickers, chances are you’ve heard of the 60-year-old Italian company Panini. Rival Topps announced a SPAC deal earlier this year, and Panini could also be taking the same route to go public. What Happened: Panini is in talks to go public...

A barbecue retailer backed by one of the most famous brother duos in NFL history could announce a SPAC merger soon. What Happened: BBQGuys is exploring a SPAC merger with Velocity Acquisition Corp (NASDAQ: VELO), according to Bloomberg. BBQ Guys sells grills, outdoor kitchens and accessories online...

Apollo Global Management Inc (NYSE: APO) discussed acquiring a portfolio of assets from communications infrastructure provider Lumen Technologies Inc (NYSE: LUMN), Bloomberg reports. Apollo aims to acquire Lumen’s consumer operations in certain U.S. states in a...

Ho Chi Minh City commanded Samsung Electronics Co Ltd's (OTC: SSNLF) HCMC CE Complex and other factories in the Saigon Hi-Tech Park to suspend operations, Bloomberg reports. The companies had to set up on-site sleeping accommodations for workers amid the pandemic resurgence as...

HP Inc (NYSE: HPQ) shares dropped amid analyst concerns over waning PC demand, Bloomberg reports. The decline marked the most intraday low in six weeks. Analysts expressed concerns over the sustainability of the 55% growth in PC shipments during Q1. Early indicators might suggest a...

Verizon Communications Inc (NYSE: VZ) and Huawei Technologies Co have agreed to resolve two mid-trial patent-infringement lawsuits over royalties on telecommunications technology, Bloomberg reports. The terms of the settlement remain undisclosed. U.S. District Judge Rodney Gilstrap...