Obama Memoir Sells More Than 887,000 Copies on First Day

Publisher Penguin Random House said the debut marked the largest first-day sales for any book it had ever published. 


 
Pandemic 'Nesting' Isn't Enough to Revive Victoria's Secret

The L Brands-owned lingerie chain logged another quarterly sales decline, while sister chain Bath & Body Works benefited royally from pandemic-driven demand for soap and hand sanitizer. 


 
Coca-Cola Improperly Shifted Profits Abroad, Tax Court Rules

The beverage giant placed too much of its profit in its foreign operations instead of its higher-taxed domestic parent company, a U.S. Tax Court judge ruled. 


 
Nvidia Benefits from Sustained Remote Work, Videogaming Demand

Graphics-chip maker's results were propelled by a pandemic-era boom in home computing and videogaming and the increasing use of its chips in big data centers. 


 
Apple Reaches $113 Million Settlement With States Over iPhone Battery Issues

The battery problem has been the source of one of the most prominent legal challenges involving the iPhone since its 2007 debut. 


 
Maersk Line Expects Trade Rebound in 2021

Danish shipping and logistics giant A.P. Moeller-Maersk expects that the global container market could expand by up to 5% in 2021 in a rebound from the pandemic-driven hit to trade in the first half of this year. 


 
T.J. Maxx Parent Launches Online Platform as Coronavirus Persists

TJX Cos. said it would launch an e-commerce platform for the HomeGoods chain in 2021-an about-face from its longtime resolve to resist ramping up online operations. 


 
Airbnb's IPO: Everything You Need to Know

The home-sharing giant with more than 4 million hosts and over 7.4 million listings is moving ahead with plans to sell shares publicly in a tough year when the pandemic has hammered the travel industry. 


 
Boeing 737 MAX Cleared to Fly Again, but Covid-19 Has Sapped Demand

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


 
Pfizer Says Covid-19 Vaccine Is 95% Effective in Final Data, Will Seek Authorization

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.

(END) Dow Jones Newswires

11-18-20 1915ET