Services Are Yet Another Snag for Oil and Gas 

All three major oil field servicers-Halliburton, Schlumberger and Baker Hughes-have less equipment and fewer employees after years of austerity, prompting them to negotiate price hikes with their customers.

LaserShip Names Home Depot Supply-Chain Executive as CEO 

Mark Holifield will lead the parcel operator after overseeing an overhaul of retailer Home Depot's distribution network amid growing e-commerce demand.

Goldman Sachs Awards Executives One-Time Bonus 

The bank is giving CEO David Solomon and president John Waldron one-time stock bonuses designed to keep the executives at the helm of Wall Street's biggest bank.

Google Charges More Than Twice Its Rivals in Ad Deals, Unredacted Suit Says 

The suit by state attorneys general sheds new light on how the search giant profits from its commanding position in the internet economy.

DWAC, the Trump Social-Media SPAC, Soars in GameStop-Like Frenzy 

Shares of the blank-check company tied to Donald Trump's new online network surged again Friday, fueled by the enthusiasm of individual investors on social media.

Music Publishers Propose Higher Streaming Payments 

The National Music Publishers Association and five major streamers are duking it out this week in front of the Copyright Royalty Board, which determines royalty rates for songwriters and publishers.

Carvana Faces Consumer Complaints, Government Scrutiny and Fines 

Some buyers report months-long delays getting paperwork and other problems; Carvana says it remains committed to improvement

Justice Department Accuses Ericsson  of Breaching Bribery Settlement 

U.S. prosecutors have determined that Ericsson has violated the terms of a $1.06 billion settlement agreement reached in 2019 over allegations of bribery in five countries, the Swedish telecom company said Friday.

Pfizer-BioNTech Covid-19 Vaccine for Kids Was Safe and 90.7% Effective, Companies Say 

U.S. health regulators are expected to weigh in soon on the evidence for giving the Pfizer-BioNTech Covid-19 vaccine to children 5 to 11 years old.

American Express Posts Earnings and Revenue Beats. The Stock Is Rising. 

The credit card giant earns $1.83 billion in the third quarter vs. $1.07 billion a year earlier.


(END) Dow Jones Newswires

October 22, 2021 15:15 ET (19:15 GMT)

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