Pfizer Says Vaccine Is 95% Effective in Final Data, to Seek Approval in Days

Pfizer plans to seek authorization for the vaccine within days, leaving the shot on track to go into distribution by the end of the year if health regulators permit. 


 
Target Maintains Its Torrid Pace

Target said sales rose steadily in its most recent quarter, as demand for household goods and home office supplies continued to grow during the pandemic, while shopping shifted online. 


 
Lowe's 3Q Sales Rise, Profit Shrinks

The Mooresville, N.C.-based home-improvement retailer said its sales for the recent quarter grew, continuing gains and yielding more online orders during the Covid-19 pandemic, though profit fell because of higher expenses. 


 
Boeing 737 MAX Set to Be Cleared to Fly Again, but Covid Has Sapped Demand

The FAA's order ungrounding the aircraft following two fatal crashes removes one major obstacle as the pandemic creates fresh problems for the aerospace giant. 


 
Apple, Under Antitrust Scrutiny, Halves App Store Fee for Smaller Developers

Apple is cutting to 15% from 30% the commission it charges smaller developers that sell software through its App Store-a partial concession in its battle with critics over how it wields power in its digital ecosystem. 


 
Canadian-Danish Group Strikes $9.6 Billion Deal for U.K. Insurer RSA

The consortium agreed to buy RSA Insurance Group for GBP7.2 billion, equivalent to $9.6 billion, in a deal that would rank it among the biggest acquisitions of a British company so far this year. 


 
JD.com Boss Gets Big Options Awards Ahead of Unit Listing

Chinese e-commerce group JD.com gave billionaire boss Richard Liu options to buy 2% stakes in its health and logistics units, an award that could enable him to accumulate holdings worth more than $1 billion. 


 
The Man at the Center of Wirecard's Deal Machine

Henry O'Sullivan, an outside adviser, was paid on 10 Wirecard deals, some of which are the focus of investigators trying to unravel the company's collapse 


 
Chinese EV Maker Nio Is Accelerating Too Fast

Just a year ago, Nio was struggling for survival. The reviving electric-vehicle market has revved it back up, but investors are letting the adrenaline rush go to their head. 


 
Unilever Wants Bigger Bite of Plant-Based Market

The race for growth in meat and dairy alternatives heats up as Unilever targets $1.2 billion in sales over five to seven years of vegan and dairy-free products like plant-based ice cream and mayonnaise.

(END) Dow Jones Newswires

11-18-20 0715ET