- SEC Hires Boston College Professor as Top Corporate Regulator June 14, 2021Renee Jones will oversee the unit regulating public company disclosures, including IPO filings.
- Novavax Covid-19 Vaccine Is 90% Effective in Key Study June 14, 2021An experimental vaccine from Novavax was effective at preventing symptomatic disease in adults in a large clinical trial, results that move the shot a step closer to global use.
- Lordstown Motors Chief Executive, Finance Chief Resign June 14, 2021The electric-truck startup said CEO Steve Burns and CFO Julio Rodriguez have stepped down after a special committee found that some disclosures the company made about truck preorders were inaccurate.
- Americans Are Keeping Their Cars Longer, as Vehicle Age Hits 12 Years June 14, 2021Cars are being kept in service longer as prices rise and quality improves, a trend accelerated by the coronavirus pandemic.
- Americans Plead Guilty to Role in Carlos Ghosn Escape June 14, 2021Michael Taylor, a former Green Beret, and his son Peter Taylor pleaded guilty in Tokyo to helping former Nissan chief Carlos Ghosn escape Japan in a box aboard a private jet in 2019.
- NY Fed May Consumer Survey Finds Public Bracing for Large Inflation Gains June 14, 2021Americans are bracing for a wave of higher inflation over the next year.
- Pandemic Hangover: $11 Trillion in Corporate Debt June 14, 2021Stressed companies piled on debt as interest rates plummeted, but could face a reckoning in the next economic downturn. Total debt for nonfinancial companies has reached about half the size of the U.S. economy.
- Bitcoin on the Balance Sheet Is an Accounting Headache for Tesla, Others June 14, 2021Tesla and other companies that hold the notoriously volatile cryptocurrency often must record impairment charges when its value falls.
- Nuclear Firm Flags Performance Issue at Chinese Plant June 14, 2021A subsidiary of French power giant EDF says the Taishan nuclear power plant in the Chinese province of Guangdong is operating within safety parameters, according to available data.
- Companies Push Employees to Prove They Are Vaccinated June 14, 2021Goldman Sachs and Morgan Stanley are among the employers requesting staffers to disclose their vaccination status as more offices reopen.
