Wall Street Journal
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U.S. Car Business Vrooms Back From Pandemic Nadir
The U.S. auto industry, hobbled this spring by the Covid-19 crisis, has bounced back stronger and faster than many expected with some companies reporting record profits in the third quarter.
Tiffany, LVMH Near Agreement on New Deal Terms
The luxury-goods companies have come to a preliminary agreement on new deal terms that would call for LVMH to pay $131.50 for the iconic U.S. jewelry maker, down from a prior agreement of $135 a share.
Pinterest's Revenue Soars as Pandemic Boosts Engagement
Pinterest posted strong revenue and user growth in the third quarter, as the social-media company saw significantly greater pandemic-fueled engagement than it did in the spring.
Gilead Quarterly Revenue Rises on Remdesivir Sales
Gilead Sciences? revenue rose 17%, helped by sales of its antiviral drug Remdesivir that has become a standard treatment for hospitalized Covid-19 patients.
Tech CEOs Square Off With Senators Over Online Speech
A Senate hearing in which lawmakers tangled with leaders of the largest social-media companies reflected deep discontent with their power to shape political discourse?and equally deep divisions over how to address it.
Tariffs Didn't Fuel Revival for American Steel
President Trump?s 25% duties haven?t yielded the steelmaking renaissance that he promised during his 2016 campaign. The industry's early job gains evaporated as steel demand and prices sank.
Struggling Rental Market Could Usher in Next American Housing Crisis
Fallout from missed rent payments is threatening a swath of the U.S. population, as the expiration of eviction bans draws near.