Amazon Says More Than 19,000 Workers Have Been Positive for Covid-19 

The company said the number of positive cases is below what it expected for its 1.3 million workers. Amazon has tested thousands of employees since March and said it would be conducting 50,000 tests a day by November.

Trian Fund Management Takes Stakes in Invesco, Janus Henderson 

Shareholder activist Trian Fund Management LP has taken big stakes in investment firms Invesco Ltd. and Janus Henderson Group PLC and plans to agitate for deal making aimed at building a rival to the biggest asset managers in the world.

Vaccine's Development Won't Be Swayed by Politics, Pfizer CEO Says 

Pfizer's chief executive sought to assure the drugmaker's employees that their experimental Covid-19 vaccine wouldn't be influenced by politics, two days after President Trump mentioned the company during the debate.

All Remdesivir Supplies to Be Distributed in U.S. by Maker Gilead 

The U.S. government is relinquishing control over supplies of remdesivir, the Covid-19 drug made by Gilead Sciences that had been in shortage since it was authorized for emergency use in May.

Abu Dhabi's Mubadala Investment Picks Up Stake in Reliance Retail 

Abu Dhabi-based sovereign investor Mubadala Investment has agreed to pump $853.28 million in the retail venture of Indian conglomerate Reliance Industries Ltd., which will translate into a 1.40% stake.

Mortgage Lender Caliber Home Loans Prepares for an IPO 

Caliber Home Loans is preparing for an initial public offering that could value the company, one of the largest U.S. mortgage lenders, at more than $2 billion.

BitMEX Co-Founders Charged With U.S. Rules Violations 

Four executives of one of the world's largest exchanges for trading cryptocurrency derivatives have been charged with violating U.S. anti-money-laundering rules as authorities ramp up enforcement efforts.

Telehealth Startup Hims Strikes Deal to Go Public Through SPAC 

The startup, also known as Hims & Hers, said it plans to go public by merging with a blank-check company in a deal that will value the combined business at about $1.6 billion.

You Call This Bread? Subway's Is Too Sugary to Count, Irish Court Finds 

Ireland's top court says it knows what bread is, and the stuff Subway uses on its sandwiches isn't it.

Senate Panel Authorizes Subpoenas for Top Social-Media CEOs 

Facebook's Mark Zuckerberg, Twitter's Jack Dorsey and Google's Sundar Pichai are in line to be called to testify on their companies' legal immunity in managing content on their sites-in the midst of a national election.


(END) Dow Jones Newswires

October 01, 2020 21:15 ET (01:15 GMT)

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