Tesla Has Won Over Investors but Not Ratings Firms 

Stock-market investors' confidence in the electric-car company is in stark contrast to the junk ratings on its debt.

Prologis CEO Sees Supply-Chain Strains Extending to 2023 

The head of the warehousing giant says it may take years for the supply side to catch up to demand.

Caterpillar's Profit Doubles on Construction Project Strength 

The maker of mining trucks and construction bulldozers flagged higher manufacturing costs, especially increased shipping rates, and said it was continuing to face supply-chain challenges.

Hertz Posts Quarterly Profit on Travel Rebound 

Revenue climbed as leisure travel staged a comeback, and the rental-car company sees strong bookings for the holiday season.

Carlyle Earnings Jump as Private-Equity Portfolio Rises 

The Washington, D.C., firm reported net income of $532.8 million in the third quarter, and the amount of cash that could be returned to shareholders reached record levels.

Comcast's Profit Doubles, 

Strong revenue growth during the third quarter at the NBCUniversal unit came as the company's broadband business slowed.

Activision Chief Reduces Pay, Pledges Changes Amid Culture Probes 

The chief executive of the videogame publisher told employees he would take a pay cut and end mandatory arbitration for internal harassment and discrimination claims.

Budweiser's New Growth Recipe Goes Down Easy 

For the first time in a long time, a Budweiser looks more appealing than a Heineken.

Volkswagen Faces an Even Bumpier Road to EVs Than Detroit 

Third-quarter losses from the namesake VW brand are a reminder that the highly political German company will be harder to reshape for a new technological era than its U.S. peers.

Shell Argues Against Activist Investor's Call to Split 

The chief executive of Shell defended the energy giant's business model, a day after activist investor Third Point called for the breakup of the company to improve its environmental and financial performances.


(END) Dow Jones Newswires

October 28, 2021 13:15 ET (17:15 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.