CVS Taps Aetna Executive Karen Lynch as Next CEO
CVS Health named as its next CEO Karen Lynch, chief of the company's Aetna insurance arm, as the pharmacy giant navigates the coronavirus pandemic and a shifting health-care landscape.
Pfizer Receives Inquiry From SEC Bribery Unit
The drugmaker said it received an inquiry from the SEC's foreign-bribery unit about its operations in China.
Hershey Grabs Candy Market Share
The owner of Reese's and KitKat gained ground in the U.S. candy market as retail sales of its chocolate brands jumped nearly 10% in its latest quarter.
Marriott Returns to Profitability as Travel Demand Improved in Summer
The world's largest hotel operator posted a third-quarter profit of $100 million, compared with a $234 million loss for the second quarter.
Dish Network Stems Pay-TV Defections
Satellite-TV provider's low-cost online television service bucked the cord-cutting trend while its new wireless service shrank during the company's first full quarter as a cellphone carrier.
Cartier's Owner Spreads Its Bets Online
An investment by the owner of the Cartier jewelry brand in luxury fashion website Farfetch is a smart move. It might also be an indirect admission of weaknesses at the rival online business it owns, Yoox Net-a-Porter.
Coty Curbs Sales Declines and Turns a Profit
The struggling beauty giant showed signs of improving in the most recent quarter even as pandemic-related shutdowns of retailers continued to exacerbate a longer-term sales slide.
Carlyle Buys Pet Supplier Manna Pro for Second Time
Three years after selling specialty pet-care products company Manna Pro Products to Morgan Stanley Capital Partners, Carlyle Group is buying the company back.
Toyota, Honda Rely on Resurgent China for Growth
Japanese car makers more than double their profit forecasts as recovery from the pandemic picks up the pace, getting a bigger share of the Chinese market in recent months.
Facebook's WhatsApp Gets Green Light to Expand Mobile Payments in India
The encrypted messaging platform is allowed to bring the service to a maximum of 20 million users, up from a limit of one million but far from all of its more than 400 million users in India.
(END) Dow Jones Newswires
11-06-20 1315ET
