Food Makers Add Staff, Capacity as Pandemic Persists
Campbell Soup and Kellogg said huge demand this year taught has them to focus on bolstering supplies of their most popular products as the public-health crisis continues.
Europe's Nexi Agrees to Acquire SIA for Almost $5.4 Billion in Stock
Italy's Nexi agreed to acquire crosstown fintech rival SIA for about almost $5.4 billion in a stock deal that creates a European giant in the fast-consolidating payments sector.
Papa John's Taps Target Executive Ann Gugino as Finance Chief
Ms. Gugino previously served as senior vice president of financial planning and analysis at Target.
Bristol to Pay $13.1 Billion for Heart-Drug Maker MyoKardia
Cancer-drug powerhouse Bristol Myers Squibb said it will buy biotech MyoKardia in a $13.1 billion all-cash deal aimed at expanding its lineup of heart drugs.
Regal Cinemas Suspending Operations at All U.S. Locations
The second-largest cinema chain in the U.S. is closing all of its locations nationwide after reopening in August, escalating the pandemic-driven crisis facing the entertainment industry.
Coca-Cola to Discontinue Zico, May Drop Coke Life
Products now under review include Diet Coke Feisty Cherry; Coke Life, a lower-calorie version of the cola sweetened with stevia; and regional American soda brands.
JPMorgan Probe Revived by Regulators' Data Mining
Investigators probing whether traders at JPMorgan Chase rigged silver prices seven years ago decided there was no case to bring. Last week, the same agency hammered the megabank with a $920 million fine.
Pictet Opens First U.S. Office in NYC
EXCLUSIVE: Pictet Asset Management, part of Switzerland's Pictet Group, has opened its first U.S. office in Manhattan, following through on pre-pandemic plans.
Facebook Says Government Breakup of Instagram, WhatsApp Would Be 'Complete Nonstarter'
A government effort to break up Facebook Inc. from Instagram and WhatsApp would defy established law, cost billions of dollars and harm consumers, according to a paper company lawyers have prepared.
Long Buoyed by High-Flying Emirates, Dubai Now Shares Its Woes
The airline drove Dubai's rise from desert backwater to Mideast metropolis, but now the coronavirus is hurting the world's largest carrier and the city's travel-dependent economy.
(END) Dow Jones Newswires
10-05-20 1515ET