Zoom's Pandemic-Fueled Boom Continues

The videoconferencing company posted another quarter of record sales and again lifted its outlook as remote working and distance schooling drags on during the pandemic.

 
UniCredit CEO Jean Pierre Mustier to Leave Bank in April

Italian bank UniCredit SpA said late Monday that its chief executive will leave the bank at the end of its mandate.

 
Facebook to Acquire Startup Valued at $1 Billion

The social-media giant is buying Kustomer, which specializes in customer-service platforms and chatbots, as Facebook looks to promote its platforms as a way to do business.

 
SBM Offshore Faces Swiss Probe Over Legacy Bribery Allegations

Oil-services firm SBM Offshore is facing an investigation by the Swiss government into bribery allegations that the company said it has already paid hundreds of millions of dollars to resolve in three other countries.

 
DoorDash Sets IPO Terms Pushing Valuation as High as $32 Billion

DoorDash said it plans to sell 33 million shares in an initial public offering that could give the food-delivery company a valuation of as much as $32 billion.

 
S&P Global Agrees to Buy IHS Markit

S&P Global has agreed to acquire IHS Markit for about $44 billion in a deal that would combine two of Wall Street's largest data providers.

 
NPC's Canceled Auctions Pave Way for Sale of Wendy's, Pizza Hut Chains to Flynn

Wendy's has opposed the sale to Flynn, the largest restaurant franchisee in the U.S., and instead has made its own offer with a consortium of regional franchisees.

 
Moderna to Ask FDA to Authorize Vaccine

The drugmaker is seeking authorization for its Covid-19 vaccine after it was shown to be 94.1% effective, keeping the shot on track to go into use in the U.S. by year's end, alongside Pfizer and BioNTech's.

 
Facebook, Google to Face New Antitrust Suits in U.S.

Big Tech's legal woes are expected to worsen in the coming weeks as federal and state antitrust authorities prepare to file as many as four more cases targeting the tech giants by the end of January.

 
GM Won't Take Stake in Nikola

The auto maker will no longer take an equity stake in the electric-truck maker under a stripped-down agreement, a significant retrenchment from an earlier pact that fueled investor enthusiasm for both companies.

(END) Dow Jones Newswires

November 30, 2020 17:00 ET (22:00 GMT)

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