Ford CFO Tim Stone to Leave Company

Stone is leaving the auto maker after 18 months to join a software firm, the latest high-profile Detroit auto executive to leave for the technology industry.

 
Bed Bath & Beyond's Comparable Sales Grow as Online Shopping Surges

Bed Bath & Beyond posted its first comparable-sales growth since 2016 in the latest quarter, with the company's digital sales surging 89% as people shopped for home goods online during the coronavirus pandemic.

 
PepsiCo Sales Snap Back From Pandemic

Strong global snack and food sales and improvement in PepsiCo's beverage business drove revenue growth in the latest quarter.

 
Playboy to Go Public Again in Deal With SPAC

The company is going public again after being acquired by a blank-check firm, a deal that valued the brand made famous by its iconic adult magazine at $415 million.

 
H&M Heads Into Winter With a Sharper New Look

Global fashion retailers face a potentially harsh winter, but at least they aren't wasting the crisis.

 
Google Pledges $1 Billion in Licensing Payments to News Publishers

The Alphabet unit plans to make the payments over the next three years as it develops a product, Google News Showcase, which will be launched in Germany and Brazil.

 
Athene, MassMutual Made Over $3 Billion Takeover Offer to American Equity

A pair of insurance companies made a bid for American Equity Investment Life Holding last month, in a bet that the small Iowa insurer's retirement-income products will continue to be popular with conservative savers.

 
Global Maritime Regulator Hit by Cyberattack

The United Nations arm that regulates global shipping said its London headquarters has been hit by a cyberattack that brought down its website and internal web-based services.

 
Wireless Venture Ligado Seeks to Raise $4 Billion to Avoid Bankruptcy

Ligado Networks LLC is heading back to the debt markets in hopes of raising as much as $4 billion that would steer the wireless company clear of a possible bankruptcy, according to people familiar with the matter.

 
Pacenote Capital Adds Depth to its Management Team

Mr. Cannon joins Pacenote from Global Endowment Management LP, an outsourced chief investment office, where he was in charge of investment origination, focusing on emerging managers and spinouts, according to Pacenote.

(END) Dow Jones Newswires

October 01, 2020 11:15 ET (15:15 GMT)

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