Jack Dorsey Will Remain Twitter CEO 
 

Twitter's Jack Dorsey will remain as CEO, surviving a review of his leadership mandated by one of Wall Street's toughest activist investors.


 
Mondelez's Sales in Emerging Markets Bounce Back 
 

The snacks-and-candy maker reported a nearly 5% rise in global sales, aided by a rebound in some emerging markets after coronavirus lockdowns had crimped sales earlier in the year.


 
Walmart Scraps Plan to Have Robots Scan Shelves 
 

The retail giant is ending its push to have machines developed by Bossa Nova Robotics rove stores to keep track of inventory, after discovering during the coronavirus pandemic that humans can help get similar results.


 
Citigroup Names New Consumer Banking Head 
 

The bank's incoming CEO, Jane Fraser, is tapping one of her top lieutenants, Anand Selva, to replace her as head of the consumer bank. Citigroup's longtime chief risk officer will step down at the end of the year.


 
J.C. Penney Settles With Holdout Lenders, Easing Chapter 11 Sale 
 

The retailer cleared the way to sell itself out of bankruptcy to lenders and landlords, settling with a group of holdout creditors led by Aurelius Capital Management that wanted a bigger slice of the pie from the restructuring.


 
Friendly's Restaurant Owner Files for Bankruptcy Amid Pandemic 
 

The operator of the restaurant chain, buckling under pressure from the coronavirus pandemic, said it has filed for chapter 11 bankruptcy with a deal in hand to be acquired and to keep most of its locations open.


 
Clorox Books Record Sales Jump 
 

The household-supplies producer saw sales rise 27%, the fastest growth in at least two decades, driven by Americans' continuing scramble for coronavirus-killing cleaning products.


 
Chinese Regulators Summon Ant Leaders Ahead of Record IPO 
 

China's central bank and other financial regulators met with Jack Ma and the top executives of Ant Group as the fintech giant prepares for a record-breaking IPO this week.


 
Supreme Court Acts in Cases on Black Lives Matter Protest, Inmate Forced to Sleep in Sewage 
 

The Supreme Court threw out a ruling against a Black Lives Matter protest organizer who was sued by a police officer hit by a rocklike object hurled by an unknown demonstrator, sending the case back to the lower courts.


 
Software Firm Coupa to Buy Supply-Chain Tech Provider Llamasoft 
 

Coupa Software is buying supply-chain planning company Llamasoft for roughly $1.5 billion, as the pandemic brings greater attention to technology that helps businesses make operations from raw materials sourcing to distribution more resilient.

(END) Dow Jones Newswires

11-02-20 1915ET