- Yellen Calls for More Aid to Avoid Longer, More Painful Recession January 18, 2021President-elect Joe Biden’s nominee for Treasury secretary says Congress must approve additional funding to help reduce the risks of a slower recovery.
- Combine Chrysler, Fiat, Peugeot and You Get Stellantis. Stella-What? January 18, 2021Three storied auto makers start trading on stock exchanges with a new name. It’ll probably grow on you. ‘Take 2 Stellantis and call me in the morning.’
- Hawley Strikes Book Deal With Regnery After Capitol Riot Backlash January 18, 2021Conservative book publisher Regnery Publishing said it would release Sen. Josh Hawley’s “The Tyranny of Big Tech,” after Simon & Schuster canceled its deal with the lawmaker.
- Lumentum in Advanced Talks to Buy Laser Maker Coherent January 18, 2021A cash-and-stock deal could come together as soon as this week. Exact terms couldn’t be learned but Coherent had a market value of $3.7 billion as of Friday’s close, while Lumentum’s was $8 billion.
- The Debt Question Facing Janet Yellen: How Much Is Too Much? January 18, 2021The Treasury secretary nominee, facing confirmation hearings this week, supports Biden administration plans that add trillions to U.S. borrowing, backed by a turnabout in economic thinking.
- Tesla Starts Delivering China-Made Model Y Crossover January 18, 2021Tesla delivered its first made-in-China Model Y compact crossover vehicles, the latest milestone in the American company’s drive into the world’s largest market for electric cars.
- Pizza Hut Hopes Drop Zones Can Help Bring Drone Delivery to Fruition January 18, 2021Instead of flying pizzas directly to customers’ homes, Pizza Hut Israel this June plans to test sending drones to drop multiple orders at government-approved landing zones where drivers will pick up the pies.
- More Finance Chiefs Resigned in 2020 Than in Previous Years January 18, 2021More chief financial officers resigned from large U.S. companies in 2020 than in previous years, as the pandemic put pressure on corporate balance sheets and the executives who manage them.
- Samsung Is Without a Leader as Jay Y. Lee Returns to Prison January 18, 2021Samsung’s de facto leader returned to prison, throwing the South Korean conglomerate into disarray during a generational transfer of power.
- China Still Grew and Fueled Its Rise as Covid-19 Shook the Global Economy January 18, 2021China advanced its aspirations by simply emerging with its economic growth intact from a brutal year when a pandemic shook the world economy.
