A 33.1% gain in gross domestic output left the U.S. economy about 3.5% behind the pre-pandemic level. (WSJ)
The eurozone economy grew a record 12.7% in the third quarter, amid signs that the rebound already is stalling. (WSJ)
The number of Americans filing new claims for unemployment insurance fell to the lowest level since the pandemic began. (WSJ)
Airbus lost $895 million in the third quarter but cut into its backlog of manufactured jets waiting for delivery. (WSJ)
Apple’s growing sales of laptops and iPads helped offset a 21% drop in iPhone sales after the company's flagship new smartphone launch was delayed. (WSJ)
Shopify’s third-quarter revenue grew by 96% and gross merchandise volume more than doubled. (WSJ)
Exxon Mobil plans to shed up to 15% of its global workforce over the next year. (WSJ)
Volkswagen’s $3 billion net profit in the third quarter was down 32% from a year ago. (WSJ)
Kraft Heinz has added factory capacity and increased production of high-demand items by about 20%. (WSJ)
The parent of Dunkin’ coffee shops and Baskin-Robbins ice cream shops closed 687 U.S. stores in the third quarter. (WSJ)
Online marketplace Etsy’s third-quarter sales more than doubled to $451.5 million in part on demand for protective masks. (WSJ)
Anheuser-Busch InBev and Molson Coors are expanding their e-commerce platforms amid growing online beer sales. (WSJ)
Marvell Technology plans to buy fellow semiconductor maker Inphi. (WSJ)
Toyota Motor’s monthly vehicle output rose in September for the first time in nine months. (Nikkei Asian Review)
Walmart will use four U.S. stores as sites to test ways of speeding up online fulfillment. (CNBC)
A federal judge ordered the U.S. Postal Service to reverse limitations on mail collection imposed by Postmaster General Louis DeJoy. (Politico)
Spice maker McCormick & Co. plans to open a 1.8 million-square-foot distribution center at the Sparrows Point logistics site in Baltimore. (Baltimore Sun)
Prologis says warehouse utilization has returned to pre-pandemic levels. (DC Velocity)
Third-quarter adjusted operating profit at freight forwarder DSV Panalpina rose 59.4% to $429.2 million. (Lloyd’s List)
Trucker Werner Enterprises’ third-quarter profit jumped 18.3% to $46.3 million despite a 5% drop in revenue. (Transport Topics)
Truckload carrier USA Truck swung to a $2.3 million profit in the third quarter. (Arkansas Democrat Gazette)
Commodity trader Cargill will work with BAR Technologies to develop wind propulsion technology for shipping. (Splash 247)
Autonomous trucking company Locomation used two platooning rigs to deliver shipments from Pittsburgh to a food bank in Toledo, Ohio. (WTVG)
Short line holding company Patriot Rail acquired Salt Lake Garfield & Western Railway and its transload operations. (Progressive Railroading)
Texas is requiring that drivers delivering alcohol have special certification. (Dallas Morning News)
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