Payments Company Stripe Is Kick Starting Market for Carbon Removal

Payments company Stripe is putting up millions to be first in line for carbon-removal technology still being developed.

 
TikTok, Snapchat and YouTube Defend Child-Safety Record at Senate Hearing

The social-media companies said they are taking steps to keep youngsters away from potentially harmful content online.

 
JPMorgan's $30 Billion Racial Equity Pledge, One Year Later

The bank said it has committed $13 billion in loans and spending, with the bulk going to affordable housing.

 
Eli Lilly Asks FDA to Approve Alzheimer's Drug

The drugmaker has begun the process seeking approval to sell donanemab as a treatment for early-stage Alzheimer's based on results from a midstage study.

 
DraftKings Abandons $22 Billion Bid for Entain

The U.S. sports-betting operator walked away from its offer to buy the British competitor, saying the decision followed negotiations with Entain's leadership.

 
GE's Profit Rises, but Shortages Crimp Sales

Revenue increased in the company's jet-engine business as travel rebounded from the start of the pandemic, but its healthcare sales declined amid supply-chain disruptions.

 
Seagate Broke Export Curbs by Supplying Huawei, Senate Republicans Say

Seagate supplied a substantial share of the Chinese company's annual purchases of hard-disk drives after tougher restrictions took effect, according to a report by Senate Republicans.

 
UPS Revenue Rises as It Ships Fewer Packages

The delivery company's strategy has focused on moving packages and courting customers that generate stronger sales and profit.

 
UBS Earnings Driven Higher by Fees From Wealthy Clients

UBS Group said fees from wealthy clients soared in the third quarter and its investment bank also reaped more revenue.

 
Microsoft Earnings Likely to Show Strong Growth From Cloud Usage

The company's Azure cloud-computing service is but one of its businesses to benefit from the turn to remote work and schooling during the pandemic.

(END) Dow Jones Newswires

October 26, 2021 15:00 ET (19:00 GMT)

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