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Press Digest: Wall Street Journal - May 11

May 11 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
    
    - U.S. health regulators have cleared the COVID-19 vaccine
by Pfizer Inc  PFE.N  and BioNTech SE  22UAy.DE  use in
children, paving the way for many to be immunized before summer
camps and the start of the next school year. https://on.wsj.com/3bhHMpi
    
    - Novavax Inc  NVAX.O  has delayed plans to seek regulatory
clearances for its COVID-19 vaccine, while shortages in raw
materials are slowing the ramp-up in production of doses, the
company said. https://on.wsj.com/3bfdQKw
    
    - The Biden administration will begin distributing $350
billion to state and local governments this month, giving them
money to pay for pandemic-related costs, fill revenue shortfalls
and pay for water, sewer and broadband projects, but not to cut
state taxes. https://on.wsj.com/2RaQhvh
    
    - Startup mortgage lender Better plans to go public by
merging with Aurora Acquisition Corp  AURC.O , a special-purpose
acquisition company, according to people familiar with the
matter. https://on.wsj.com/3hoPC42

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))

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