Macy's Reports Loss, but Results Improve From Earlier Quarters 
 

Net sales fell more than 20% in the third quarter, while the company reported its third quarterly loss in a row, as the Covid-19 pandemic continues to ding retailers' financial results.


 
Oxford, AstraZeneca Vaccine's Strong Response in Elderly Confirmed in Review 
 

A Covid-19 vaccine being developed by the University of Oxford and AstraZeneca showed promising immune responses in elderly and older adults, with fewer serious side effects than in younger volunteers, according to a just-published interim analysis previewed in late October.


 
Big Chinese Broker Faces Probe After State-Owned Coal Miner's Default 
 

One of China's largest securities firms is under investigation for suspected market manipulation and its role in the recent debt-related woes of a state-owned coal miner, following a tumultuous week in Chinese credit markets.


 
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.


 
Owner of Bath & Body Works, Victoria's Secret Gets Pandemic Lift 
 

L Brands, which owns both chains, said it swung to a profit and its overall sales rose 14% in the quarter ended Oct. 31.


 
Retail Entrepreneurs Buy Twice-Bankrupt RadioShack With Plans for Online Revival 
 

Two entrepreneurs who have been collecting fallen retail brands during the coronavirus pandemic are taking over the reins of RadioShack, acquiring the nearly century-old gadget seller's brands and online business.


 
Garrett Motion Judge Sets Up Estimation For Honeywell Asbestos Claims 
 

Garrett Motion filed for court protection in September amid a pandemic-driven sales decline and an escalating legal dispute with Honeywell over an arrangement under which Garrett Motion reimbursed the cost of settling asbestos injuries related to Honeywell products.


 
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.


 
Pike Street Closes Inaugural Fund Targeting Industrial Technology 
 

The firm closed on $237 million for its debut vehicle, exceeding its original


 
Thyssenkrupp Sees Better 2021 as Losses Widen 
 

Thyssenkrupp booked an adjusted loss of EUR1.63 billion in 2020 but said it expects better results next year.

(END) Dow Jones Newswires

11-19-20 0915ET