Pfizer Slashed Its Original Covid-19 Vaccine Rollout Target After Supply-Chain Obstacles 

Pfizer and Germany-based partner BioNTech SE had hoped to roll out 100 million vaccines world-wide by the end of this year, a plan that has now been reduced to 50 million.

Southwest Outlines Plans for Potential Furloughs Next Year 

Southwest Airlines on Thursday told more than 6,800 employees that their jobs are at risk as the coronavirus pandemic continues to decimate demand for air travel.

Luminar Rises in Market Debut, Making 25-Year-Old Founder a Billionaire 

The company, which produces sensor technology for self-driving cars, was started by founder and CEO Austin Russell when he was 17.

Warner Bros. to Release All 2021 Films on HBO Max, in Theaters Simultaneously 

Warner Bros. will release its entire 2021 slate of theatrical films simultaneously in theaters and on HBO Max streaming service, taking the most drastic step yet in eliminating the exclusivity theater chains have enjoyed for decades.

Trump Administration Says Facebook Improperly Reserved Jobs for H-1B Workers 

A Justice Department lawsuit accuses the social-media company of illegally reserving high-paying jobs for immigrant workers it was sponsoring for permanent residence and of failing to adequately search for U.S. hires.

Dollar Stores Start Moving Upmarket 

Dollar General and Dollar Tree are raising their sights to higher-margin items such as party goods and home accessories.

Boeing Wins First Big 737 MAX Order Since Grounding Ended 

Ryanair Holdings agreed to buy 75 of Boeing's 737 MAX jets, a boost for the troubled plane maker following the aircraft's prolonged grounding.

Energy Trader Vitol Paying $90 Million to Settle U.S. Corruption Charges 

A U.S. subsidiary of Swiss-based energy firm Vitol Group agreed to pay $90 million to settle criminal charges that its employees paid bribes to gain an advantage when bidding for oil in Brazil, Mexico and Ecuador.

3M Cuts Jobs After Pandemic Dents Sales 

The industrial conglomerate plans to cut 2,900 jobs as demand for its N95 masks has been offset by lower sales of office supplies, industrial products and other goods.

Salesforce's Slack Deal Faces Post-Pandemic Test's proposed purchase of workplace collaboration software pioneer Slack Technologies was prompted by the pandemic, but its success will hinge on whether it delivers in the post-lockdown world, analysts say.


(END) Dow Jones Newswires

December 03, 2020 17:00 ET (22:00 GMT)

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