Whirlpool Strains to Meet Appliance Demand

Whirlpool said supply chain disruptions are preventing it from making all the kitchen mixers, refrigerators and washing machines Americans are ordering as they wait out the coronavirus pandemic at home. 


 
Tesla Extended Profit Streak With Record Quarterly Sales

The electric-car maker revived a pre-pandemic target to build at least 500,000 vehicles this year. 


 
Former Google CEO Fires Back at Antitrust Suit

Eric Schmidt says the government's lawsuit against the search giant was misguided: "There's a difference between dominance and excellence." 


 
Ann Taylor Parent Gets Higher Bid for Tween Brand Justice

Ascena Retail Group Inc., the parent company of apparel retailers Ann Taylor and Lane Bryant, received a new, higher stalking horse offer to buy the intellectual property, e-commerce business and other assets of its tween-oriented chain Justice out of bankruptcy. 


 
Quibi Is Shutting Itself Down

The streaming service is shutting down, according to people familiar with the matter, a crash landing for a once-highflying entertainment startup that raised $1.75 billion in capital. 


 
Boeing Discussing New Plane as It Starts to Emerge From MAX Crisis

Early talks with customers are gauging interest in a single-aisle aircraft with improved engines that could carry between 200 and 250 passengers. 


 
Ant Group's Giant IPOs Set to Launch After Regulators Clear the Way

The Chinese financial technology giant said investors in mainland China have committed to purchasing more than a third of the shares it plans to sell in a pair of blockbuster initial public offerings. 


 
Judge in Google Lawsuit Presided Over Major Antitrust Case

The Justice Department's lawsuit against Google has been assigned to U.S. District Judge Amit Mehta, an Obama appointee who presided over a major antitrust case in the food-distribution sector. 


 
Purdue Pharma Reaches $8.34 Billion Settlement Over Opioid Probes

The settlement, which includes guilty pleas, helps clear the way for the bankrupt OxyContin maker to pay cities and states that accuse it of fueling the opioid crisis. 


 
Verizon Holds Its Ground Ahead of iPhone 12 Release

The carrier's wireless and broadband businesses stabilized in the third quarter despite the lasting effects of the pandemic, allowing the company to upgrade its profit target for the year.

(END) Dow Jones Newswires

10-21-20 1715ET