China Evergrande Makes Overdue Interest Payment on Dollar Bonds, State Media Says

China Evergrande made an overdue interest payment to international bondholders, state media reported, an unexpected move that allows the struggling property giant to stave off a default.

 
U.S. Issued $100 Billion in Export Licenses to Suppliers of Huawei, SMIC

The U.S. Commerce Department issued hundreds of export licenses for semiconductors and other products to suppliers of the blacklisted Chinese tech companies, as the global chip shortage started to bite.

 
Moderna and J&J Covid-19 Booster Shots Backed by CDC

The director's signoff on extra doses, and on taking a booster different from one's vaccine, was the final step before shots become available in U.S.

 
Western Digital-Kioxia Deal Talks Stall

The steady drop in Western Digital's share price since June was a factor that cooled merger discussions.

 
J&J Talc Claims May Not Belong in Charlotte Bankruptcy Court, Judge Says

A bankruptcy judge said he is unsure if his North Carolina courtroom is the right venue for a Johnson & Johnson subsidiary to potentially settle tens of thousands of talc-related injury claims and suggested the case could be moved closer to the consumer goods giant's New Jersey headquarters.

 
American, Southwest Say Vaccine Mandate Won't Disrupt Flights

Some aviation unions have pushed back against the requirement, raising the possibility of service problems during holiday season.

 
Renault Cuts Production Outlook on Chip Shortage

Renault said it expects a production loss of around 170,000 vehicles for the third quarter and close to 500,000 for the year due to a lack of components.

 
Whirlpool Doesn't See Appliance Shortage Ending Soon

The appliance maker said shortages of dishwashers and refrigerators are likely to stretch well into next year as supply-chain problems constrain production and consumer demand remains strong.

 
Vista Prepares Pitch for Next Big Software Fund

Vista Equity Partners plans to join the growing list of private-equity firms pitching large funds focused on technology deals.

 
Chipotle's Profit Rises as Chain's Burritos Get Pricier

The company's quarterly sales established a record after Chipotle increased its menu prices to offset higher meat and freight costs.

(END) Dow Jones Newswires

October 22, 2021 03:15 ET (07:15 GMT)

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