The Latest Breaking News from Wall Street Journal

Reuters

The SEC looks to propose significant changes to the stock market’s mode of operation by this fall, the Wall Street Journal reports

A new op-ed in the Wall Street Journal Wednesday (written with the help of ex-prosecutor Andrew S. Boutros), following up on their Bloomberg Law piece from May 11, lays out some possible bases for the prosecution: Consider Section 1512 of Title 18 of the United States Code, which makes it…

CNBC

Kohl’s Corp (NYSE:KSS) has received takeover bids form from private-equity firm Sycamore Partners and retail holding company Franchise Group, Inc (NASDAQ:FRG), the Wall Street Journal reported. Sycamore proposed $50 a share, and Franchise Group offered $60 per share, the report noted, valuing the company between $7 billion - $8 billion. The bidders had previously said…

McDonald's Corp (NYSE:MCD) is planning to deploy a third party to evaluate its effort on diversity, equity, and inclusion, the Wall Street Journal reported. In a Securities and Exchange Commission (SEC) filing, the company said about 274 million shares of the company's common stock were voted in favor of the third-party civil…

Partners Pfizer, Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) urged the FDA to authorize three vaccine doses for children below five, the Wall Street Journal reports. The companies previously asserted that three doses of the shot were 80% effective at preventing symptomatic Covid-19 with robust immune response in children between six months to five years. After mixed results…

A Wall Street Journal article suggests that pulse oximeters mismeasure blood oxygen levels in American minority populations, but the article fails to ask some important questions.

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.