General Mills Posts Higher Sales

The packaged-food company expects changes in consumer behavior brought on by the Covid-19 pandemic to result in continued high demand for cooking at home as customers have spent more time working from home.

 
Invesco Teams Up in Push to Create Crypto ETFs

The asset manager is making plans to roll out a lineup of funds backed by bitcoin and other cryptocurrencies.

 
Most of $9.2 Billion in Questionable Medicare Payments Went to 20 Insurers, Federal Investigators Say

Medicare insurers drew $9.2 billion in federal payments in one year through controversial billing practices, with 20 insurers combining for more than half of the total, according to federal health investigators.

 
China Evergrande's Flagship Business Resolves an Onshore Bond Payment

Investors are waiting to see if the giant developer pays a coupon due Thursday on its U.S. dollar bonds.

 
Pfizer Study of Covid-19 Vaccine in Pregnant Women Delayed by Slow Enrollment

Changing guidelines and the possibility of being given a placebo made the trial unappealing to some expectant mothers.

 
Ant to Share Consumer Credit Data With China's Government

Credit data generated by the fintech giant's consumer lending service will be made available to the central bank's credit-reporting system amid efforts to bring the company in line with Chinese regulators' priorities.

 
Stitch Fix Relaxes Its Dress Code

As Stitch Fix works to attract a wider swath of customers, it could risk losing those who valued its very specific point of view.

 
DraftKings Makes Bid for Gambling Company Entain

The cash-and-stock offer, valued at almost $22.4 billion, comes after the British gambling company rebuffed a takeover proposal from MGM Resorts International earlier this year.

 
Ida Storm Damage Expected to Cost Insurers at Least $31 Billion

Auto, home and business insurers will reflect their share of costs in third-quarter earnings.

 
Netflix to Buy Roald Dahl Catalog

The deal adds source material with proven cross-generational, mass appeal to the Netflix stable, with over 300 million of the author's books sold globally.

(END) Dow Jones Newswires

September 22, 2021 11:15 ET (15:15 GMT)

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