Nestlé Sales Buoyed by Coffee, Pet Food 

The Swiss company's upbeat quarter provides an early sign that consumer habits acquired during the pandemic, such as drinking more and better quality coffee at home, could continue to benefit it, despite the ongoing challenges of rising input costs and supply-chain snags.

Roche Lifts Outlook as Sales Rise 

Roche raised its outlook for the year after the pharma major posted a solid rise in third-quarter sales to almost CHF16 billion.

Credit Suisse to Pay Fine, Admits Defrauding Investors to Settle Mozambique Charges 

The company agreed to pay $475 million and forgive $200 million Mozambique owes to investors in coordinated settlements with U.S. and European authorities over loans the bank made in the country.

Bank of New York Mellon's Profit Rises on New Business, Asset Growth 

The custody bank's results joined rival State Street in beating Wall Street's expectations.

Boeing's First Astronaut Flight on Starliner Faces Further Delay 

The aerospace giant said its space vehicle might not carry astronauts until the end of next year, potentially putting it a year behind a previous date to deliver people to orbit.

Snap CEO Evan Spiegel Says Regulation Alone Won't Fix Social Media 

Business practices need to support users' well-being, the chief executive says at WSJ Tech Live conference.

Netflix Co-CEO Says He Erred on Dave Chappelle Special 

"I should have recognized the fact that a group of our employees was really hurting," Ted Sarandos said in an interview.

SPAC Shareholders Approve Deal That Will Take WeWork Public 

Special purpose acquisition company BowX Acquisition said its shareholders approved the previously announced business combination with the shared-workspace company.

Netflix Finds Even 'Squid Game' Only Has So Much Reach 

While the new blockbuster series is helping to lift subscriber growth, a projection that is only in line with forecasts tempers the reaction following a stock-price surge.

Omnicom's Revenue Improves as Effects of Pandemic Fade 

The ad agency holding company says revenue is growing across sectors and regions


(END) Dow Jones Newswires

October 20, 2021 05:15 ET (09:15 GMT)

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