Airlines' Losses Mount, but Demand Shows Improvement

Southwest said it lost nearly $1.2 billion during the third quarter. American lost $2.4 billion and Alaska Air reported losing $431 million.

 
Google's Antitrust Woes Seen Helping Microsoft's Bing

The target of the U.S. government's last major tech antitrust campaign, Microsoft, could be the biggest beneficiary of its newest, the lawsuit the Justice Department filed this week against Google.

 
Coca-Cola Expects Growth in China Even as Global Sales Slide

The beverage company expects to see growth this year in China, even as its global sales continue to decline because of the closures of restaurants, bars, movie theaters and sports stadiums elsewhere around the world.

 
Northrop Grumman Posts 3Q Sales, Profit Growth

Northrop Grumman posted a larger profit and stronger revenue year over year in the latest three-month period, led by growth in the company's aeronautics division.

 
Kimberly-Clark Misses 3Q Adjusted Profit Expectations

Kimberly-Clark reported net income of $472 million down from $671 million or the year-earlier period. An adjusted profit for the quarter of $1.72 a share missed expectations from analysts by 4 cents.

 
Google's Foes Want Additional Enforcement Actions

The Justice Department's lawsuit against Google is the government's biggest challenge to U.S. technology companies in a generation. For many of the company's longtime adversaries, it isn't big enough.

 
Sun Life Financial to Buy Majority Stake in Crescent Capital

The Canadian insurer will pay up to $338 million for a 51% stake in private-credit fund manager Crescent Capital, as it seeks to expand its alternative investments arm.

 
Pandemic Buying Patterns Drive Unilever Sales in North America

Unilever said American shoppers are still stocking up on its hand sanitizer and condiments such as Hellmann's mayonnaise, as they weather the ebb and flow of the coronavirus pandemic by washing their hands, staying home more and cooking for themselves

 
Michigan Group Says Archaeological Findings Enough to Halt Enbridge Tunnel

The group of mostly Native American women says they found man-made patterns underwater near the Line 5 oil pipeline that could date back 10,000 years.

 
A Hermès Trend Other Luxury Brands Hope to Copy

Sales at the French handbag company increased 7% in the third quarter, and Chinese shoppers aren't the only ones driving demand.

(END) Dow Jones Newswires

October 22, 2020 11:15 ET (15:15 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.