Tesla Posts Record Quarterly Earnings on Supply-Chain Resilience 
 

Elon Musk's electric-vehicle maker notches a third consecutive record quarterly profit, thanks in part to its ability to navigate persistent global supply-chain disruptions.

 
Zayo, Partners Seek to Buy Uniti, Windstream 
 

Talks with Uniti started in June, when the parties discussed a price of around $15 a share, but they recently stalled over price.

 
Protesters Gather at Netflix Office Amid Controversy Over Dave Chappelle Special 
 

Protesters gathered outside one of Netflix's Los Angeles offices to express their anger over the streaming giant's Dave Chappelle comedy special, as some employees released demands for management and staged a walkout.

 
PayPal Is in Talks to Buy Pinterest 
 

PayPal is in talks to buy social-media platform Pinterest, which has a market value of more than $35 billion. Such a move would take the payments giant's business in a new direction.

 
Exxon Debates Abandoning Some Oil, Gas Projects 
 

Members of the company's remade board of directors are questioning several major investments as the company reconsiders its investment strategy in a fast-changing energy landscape.

 
Biogen's New Alzheimer's Drug Meets Slow Rollout 
 

The drugmaker's revenue from the drug, Aduhelm, was $300,000 in the first full quarter since its approval, a figure well below analyst expectations. Sales could be minimal through the end of the year, the company said.

 
China Evergrande Calls Off Plans to Sell Key Unit for $2.6 Billion 
 

The move is a major setback in the real-estate giant's attempts to ease its liquidity crunch.

 
Facebook's Zuckerberg Named in Suit by Washington, D.C., Attorney General 
 

The district's attorney general is seeking to hold Mark Zuckerberg personally liable in a lawsuit stemming from the 2018 Cambridge Analytica personal-data scandal.

 
In-N-Out Burger in San Francisco Closed for Violating City Vaccine Policy 
 

A location of the burger restaurant was shut down for failing to check customers' vaccination status.

 
Blackstone Buying Majority Stake in  Spanx 
 

The deal values Spanx at $1.2 billion. Spanx founder Sara Blakely will maintain a significant stake in the company and continue to oversee operations.

(END) Dow Jones Newswires

October 20, 2021 17:15 ET (21:15 GMT)

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