Unilever Says It Will Resume Advertising on Facebook in U.S. 
 

Unilever said it would resume advertising on Facebook in the U.S. after withdrawing over the summer amid calls for brands to protest the company's handling of hate speech and misinformation on its platforms.


 
FDA Panel Backs Moderna's Covid-19 Vaccine 
 

A Food and Drug Administration advisory panel recommended that Moderna's Covid-19 vaccine be cleared for broad use, setting the stage for the FDA to grant an expected emergency-use authorization late Friday.


 
FedEx Revenue Jumps on Holiday Surge 
 

Shipping volumes at the delivery giant's Ground unit rose 29% in the latest quarter, as consumers continued to buy everyday goods online and retailers urged them to do their holiday shopping earlier than normal amid the Covid-19 pandemic.


 
Disney's Chairman Bob Iger Game for  a New Job: U.S. Ambassador to China 
 

An Iger appointment could roil politicians critical of Disney's business in China.


 
Coca-Cola to Cut 2,200 Jobs 
 

Accelerating its restructuring efforts, Coke will make the job cuts through buyouts and layoffs.


 
More States Hit Google Over Alleged Monopoly Conduct 
 

The legal action followed a monthslong investigation by attorneys general in Colorado and other states into whether the tech giant abuses the market power of its dominant search business.


 
Bitcoin Exchange Coinbase Files for Initial Public Offering 
 

Coinbase will be the first major bitcoin-focused company to test the public markets.


 
Credit Suisse Criminally Charged in Money-Laundering Case 
 

Swiss prosecutors allege the lender didn't comply with provisions against money laundering, allowing a Bulgarian criminal organization to launder money through the bank between 2004 and 2008.


 
Google Must Silo Fitbit Data, EU Says, Clearing $2.1 Billion Deal 
 

EU antitrust officials approved Google's $2.1 billion acquisition of health tracker Fitbit, but will enforce conditions on the deal aimed at protecting users' health data and preserving competition in the wearable-tech sector.


 
General Mills Anticipates Higher Demand Beyond Pandemic 
 

The food company said the initial surge in sales at the start of the pandemic is moderating but expects to benefit from consumers choosing to eat more at home for years.

(END) Dow Jones Newswires

12-17-20 1915ET