U.S. Auto Sales Show Signs of Recovery in Third Quarter 
 

General Motors' U.S. sales fell for the third quarter but showed signs of strengthening as the American auto industry continued to recover from the Covid-related lockdowns that brought business to a near standstill this spring.


 
PepsiCo Sales Snap Back From Pandemic 
 

Strong global snack and food sales and improvement in PepsiCo's beverage business drove revenue growth in the latest quarter.


 
Boeing to Consolidate 787 Dreamliner Production in South Carolina 
 

The plane maker said it is ending production of the popular wide-body jet in the Seattle area after more than a decade and plans to consolidate assembly of the aircraft at its North Charleston, S.C., factory next year.


 
Russian Online Retailer Ozon Group Prepares American IPO 
 

Ozon Group, one of Russia's biggest online retailers, is preparing for an initial public offering of stock in the U.S. later this year or beginning of next, say people familiar with the company's plans.


 
Senate Panel Authorizes Subpoenas for Top Social-Media CEOs 
 

Facebook's Mark Zuckerbeg, Twitter's Jack Dorsey and Google's Sundar Pichai are in line to be called to testify on their companies' legal immunity in managing content on their sites-in the midst of a national election.


 
Ford CFO Tim Stone to Leave Company 
 

Stone is leaving the auto maker after 18 months to join a software firm, the latest high-profile Detroit auto executive to leave for the technology industry.


 
Bed Bath & Beyond's Comparable Sales Grow as Online Shopping Surges 
 

Bed Bath & Beyond posted its first comparable-sales growth since 2016 in the latest quarter, with the company's digital sales surging 89% as people shopped for home goods online during the coronavirus pandemic.


 
Playboy to Go Public Again in Deal With SPAC 
 

The company is going public again after being acquired by a blank-check firm, a deal that valued the brand made famous by its iconic adult magazine at $415 million.


 
H&M Heads Into Winter With a Sharper New Look 
 

Global fashion retailers face a potentially harsh winter, but at least they aren't wasting the crisis.


 
Google Pledges $1 Billion in Licensing Payments to News Publishers 
 

The Alphabet unit plans to make the payments over the next three years as it develops a product, Google News Showcase, which will be launched in Germany and Brazil.

(END) Dow Jones Newswires

10-01-20 1315ET