Amazon Seeks to Hire 150,000 Seasonal U.S. Workers 
 

The push to increase workforce comes as U.S. labor market remains tight ahead of holidays.

 
Sinclair Broadcast Says It Was Hit by Cyberattack 
 

One of the largest owners of broadcast stations in the U.S. said some of its servers are encrypted with ransomware.

 
Albertsons Posts Higher Sales, Lifts Guidance Despite Supply-Chain Costs 
 

The supermarket company saw higher sales and raised its guidance for the full year on what it sees as a favorable consumer backdrop, despite logging steeper supply-chain costs for the fiscal second quarter.

 
Foxconn Unveils First Electric-Vehicle Prototypes 
 

The world's largest contract electronics manufacturer has been moving deeper into the automotive industry as it seeks to diversify its business beyond the Apple products that it is best known for making.

 
State Street Earnings Top Forecasts 
 

State Street posted greater revenue and earnings year over year in the latest quarter as fee-based and interest income both grew.

 
Saks E-Commerce Unit Begins IPO Preparations 
 

Saks is interviewing potential underwriters this week for an initial public offering that could take place in the first half of 2022 and targets a valuation of around $6 billion.

 
Toyota, Stellantis to Build EV-Battery Factories in the U.S. 
 

The auto makers are investing billions of dollars in U.S. battery factories as part of a push to sell more electric vehicles.

 
Goldman Sachs Cleared to Own All of China Unit 
 

Chinese regulators approved Goldman's application to take full ownership of a key local unit, another step in China's gradual opening of its financial system to major players from the U.S. and elsewhere.

 
Facebook to Hire 10,000 Workers in EU to Build Up 'Metaverse' 
 

The social-media company is planning to create the jobs over the next five years to build a virtual realm it sees as a key component of its future and a major driver of new technology investment.

 
Microsoft Executives Told Bill Gates to Stop Emailing a Female Staffer Years Ago 
 

Microsoft executives in 2008 discovered flirtatious emails between Bill Gates and a female employee that they deemed inappropriate, according to people familiar with the matter. They told the co-founder to stop and briefed some board members, who took no further action, the people say.

(END) Dow Jones Newswires

October 18, 2021 11:15 ET (15:15 GMT)