Archegos founder arrested, Pfizer applies for booster EUA for kids, Walmart entices subscribers with gas discounts

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Notable business headlines include federal agents arresting Archegos founder Bill Hwang for securities fraud and racketeering, Pfizer filing for emergency use authorization for a third dose of its COVID-19 vaccine for children ages 5-11, and Walmart announcing it will be offering a gas discount to Walmart+ subscribers through a partnership with ExxonMobil.