Amazon Gets U.S. Approval for Drone Fleet, a Package-Delivery Milestone

The company said it will begin limited tests of package deliveries to customers in the U.S., although a number of key steps remain before widespread use of the technology will be allowed. 


 
Facebook Joins With Researchers to Study Its Influence on Elections

The social-media giant unveiled a partnership to give independent researchers new data to examine how U.S. Facebook and Instagram users engage on the platforms ahead of November's vote. 


 
American, Delta End Domestic Change Fees

American Airlines Group and Delta Air Lines said they would remove change fees on most domestic flights, as the levies emerged as a competitive battleground among airlines. 


 
Anthem-Cigna Fight Over Failed Merger Ends in a Draw

The insurance giants won't have to pay damages to one another over their failed $48 billion merger deal, a Delaware judge decided, potentially resolving a bitter, yearslong legal battle. 


 
Apple, Tesla Shares Keep Rising After Stock Splits

Apple and Tesla shares rose to new heights after their stock splits took effect, extending their meteoric rallies this year. 


 
Zoom Boosts Outlook as Sales Surge in Shift to Remote Work

Zoom raised its full-year outlook for a second time during the pandemic, cementing its position as one of the biggest corporate winners from the shift to working from home and remote schooling. 


 
J.C. Penney Pitches Chapter 11 Sale to Lenders as Other Bidders Balk

The retailer is flirting with collapse, eager for lenders to agree to buy its assets out of bankruptcy after talks broke down with potential bidders including landlords. 


 
McDonald's Pushes for Case to Proceed Against Former CEO

McDonald's is pushing back at former CEO Steve Easterbrook's attempts to dismiss its lawsuit seeking to claw back his severance, saying questions about the thoroughness of its investigation should be addressed in court. 


 
New York & Co., Fashion to Figure to Sell for $40 Million

Women's apparel retailer New York & Co. and plus-size sister brand Fashion to Figure are set to be sold for $40 million, double the amount offered after their parent company filed for bankruptcy. 


 
China's Big Banks Report Profit Drops

China's major banks reported their biggest profit drops in more than a decade, as the economic impact of the pandemic led them to take large provisions against potential bad loans.