Worker applications for unemployment benefits in the U.S. jumped by 137,000 last week. (WSJ)
The net worth of U.S. households rose to a record in the third quarter on surging values of stock portfolios and real estate. (WSJ)
A Food and Drug Administration advisory panel recommended approval of the Covid-19 vaccine developed by Pfizer and BioNTech, clearing the way for an emergency authorization as early as Friday. (WSJ)
The arrival of vaccines is sending big industries jostling to persuade public-health officials and state leaders that their workers are more essential than others. (WSJ)
Brent crude prices topped $50 a barrel for the first time since early March. (WSJ)
British Prime Minister Boris Johnson warned of “a strong possibility” that negotiations over a new trade agreement with the European Union would fail. (WSJ)
Lebanon charged the country’s caretaker prime minister and three former ministers with negligence in the massive explosion at a Beirut port warehouse in August. (WSJ)
Daimler Truck and industrial gases company Linde are jointly developing liquid-hydrogen refueling technology for fuel-cell-powered trucks. (Dow Jones Newswires)
Amazon is advancing 26 wind and solar energy projects aimed at supplying power to operations including its fulfillment centers. (Dow Jones Newswires)
Chinese chip maker Tsinghua Unigroup defaulted on nearly $2.5 billion of international bonds. (WSJ)
Costco Wholesale’s quarterly sales rose 17.1% last quarter, including an 86% gain in e-commerce sales. (WSJ)
Lululemon Athletica reported a big jump in sales and profits last quarter. (WSJ)
Hyundai Motor is boosting spending on alternative fuel vehicle research by 40% to $14 billion. (Nikkei Asian Review)
A ransomware attack on a software vendor left retailer DSW without access to store inventory data late last quarter. (Supply Chain Dive)
Shipping industry executives expect container shortages in export markets to persist into next February. (Lloyd’s List)
Mediterranean Shipping Co. will split orders for six 23,000-container vessels among three Chinese shipyards. (TradeWinds)
EnTrust Global raised $2.1 billion for a new fund focused on investment in new environmentally friendly ships. (Splash 247)
Japan’s Mitsui OSK Line will use wind power for one of its coal-carrying ships. (ShippingWatch)
FedEx Express expanded its Asia-Europe freighter flights by 50% on strong electronics demand. (Journal of Commerce)
The City of London selected Amazon to run a new last-mile logistics hub out of a parking lot. (Logistics Manager)
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