China Telecom Companies Ask NYSE to Review Decision to Delist ADS

China's three largest telecommunication companies said that they have asked the New York Stock Exchange to review its decision to delist their American depositary receipts.

 
Europeans Clash With Pfizer, BioNTech Over Vaccine Deliveries

Tension is rising between European authorities and Pfizer and BioNTech after officials said the companies had unexpectedly cut their deliveries of Covid-19 vaccines and put their immunization schedules at risk.

 
United Airlines Offers Grim Outlook but Seeks to Rebuild

United reported a net loss of $1.9 billion for the fourth quarter but said it has gotten a handle on how to survive its immediate challenges.

 
Tyson Foods to Settle Price-Fixing Claims

The meat company has agreed to pay $221.5 million to poultry buyers, helping end a four-year fight over alleged collusion in the chicken industry.

 
Jay-Z to Boost Minority-Owned Cannabis Businesses

The rapper is creating a $10 million fund to invest in startups, saying people of color have missed out on the marijuana boom.

 
Morgan Stanley Profit Shoots Higher, Fueled by Wall Street

The bank's fourth-quarter profit rose 51% from a year earlier, another big U.S. lender to emerge from a turbulent year in better shape than was expected at the onset of the pandemic.

 
KKR-Led Lenders Aiming To Restructure Belk Without Bankruptcy

Some lenders to the department store chain are hoping to avoid the expense and conflict that retailers often face in bankruptcy. Besides that, in recent years retailers have often begun in Chapter 11, but ended up in liquidation.

 
Companies Revisit Financial Forecasts Ahead of Potential Tax Changes

Revisions to the U.S. tax code became more likely after Georgia's runoff elections handed Democrats control of the Senate, experts say.

 
Procter & Gamble Gets Shoppers to Pay Up

The company's sales surged in the most recent quarter, fueled in part by demand for high-end household products from pricey dish soap to a $300 electric toothbrush.

 
UnitedHealth's Profit Slips as Health-Care Visits Return

Fourth-quarter revenue climbed to $65.47 billion, up from $60.9 billion in the same quarter a year earlier. Costs also rose.

(END) Dow Jones Newswires

January 20, 2021 21:15 ET (02:15 GMT)

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