Twitter to Pay $809.5 Million to Settle Securities Suit 

The consolidated class-action securities lawsuit alleged the social-media company deliberately misled investors about user engagement in 2015.

Fidelity Taps Joanna Rotenberg to Head $4 Trillion Personal-Investing Business 

The appointment of Ms. Rotenberg, who was at Canada's BMO Financial Group, comes amid wave of stock trading by individual investors.

AstraZeneca Breast Cancer Drug Found to Reduce Risk of Dying 

The drug maker said Enhertu significantly reduced the risk of death or disease progression in women with advanced disease in a large clinical trial, the latest sign that its push into oncology is starting to pay off.

Allianz Asset-Management Head in Talks to Depart 

Jacqueline Hunt is in talks to leave the company as it navigates a Justice Department probe into a group of investment funds that suffered steep losses last year.

Pfizer, BioNTech Say Vaccine Is Safe for Young Children 

The companies said the Covid-19 vaccine generated levels of antibodies that were similar to those of younger adults, meeting the study's measurements of success.

CVS Makes Hiring Push Amid Worker Shortage, Demand for Vaccines 

The largest U.S. pharmacy chain by stores said it plans to add 25,000 employees this week in a single-day hiring spree to prepare for a potential surge in demand for Covid-19 booster shots.

Rising Energy Stocks Defy Market's September Slide 

Shares of oil-and-gas companies are leading the S&P 500's 11 sectors so far this month, rising nearly 2%. The broad U.S. stock-market index, meanwhile, has fallen 2%, stung by losses across nearly all of the other segments.

Workers End Strike at Mondelez International 

Workers at Mondelez International have ended a weekslong strike as union members overwhelmingly accepted a new four-year contract.

Oil Companies to Be Sidelined at U.N.'s Climate Conference 

While retailers, tech companies and consumer products makers have been named as "principal partners" for COP26 in Glasgow, oil majors like BP and Shell will have a lower profile.

Europe's OVHcloud Plans IPO at Potential $4.7 Billion Valuation 

Possible offering comes amid surging demand for web hosting and other cloud services after the pandemic pushed businesses and consumers to accelerate the adoption of digital communication to interact.


(END) Dow Jones Newswires

September 20, 2021 11:15 ET (15:15 GMT)

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