Some of Tuesday’s top business news stories:
Associated Press
California: Criminal rings loot billions in jobless funds, by Michael R. Blood
Job losses from virus 4 times as bad as ’09 financial crisis
CNN
Janet Yellen is confirmed as the first female Treasury secretary in US history, by Anneken Tappe, Matt Egan
Foreign companies are giving up on the United States and betting big on China, report says, by David Goldman
The Wall Street Journal
Business Insider Did Nothing When the Pandemic Hit. It Worked, by Lukas I. Alpert
Merck Scraps Covid-19 Vaccine Candidates, by Jared S. Hopkins
CNBC
Delta plans to bring back 400 pilots, signaling optimism about future air travel, by Leslie Josephs
California lifts statewide Covid stay-at-home order, allowing restaurants to reopen, by Noah Higgins-Dunn
Reuters
Investor payouts and job cuts jar with U.S. companies’ social pledge, by Jessica DiNapoli, Ross Kerber, Noel Randewich
Google workers to form global union alliance
News about business journalism
The Information hires Sisco to cover antitrust stories
Business Insider added 130 newsroom jobs in 2020
Silicon Valley Biz Journal hires Wolverton as ME
Andreessen Horowitz hires NerdWallet’s Leung as executive editor
Barron’s Group names Keown deputy bureau chief for EMEA
Cobley departs Financial News for PR firm
Business Insider hires Cosgrove to cover logistics
Forbes drops “30 under 30” trip to Bermuda
CNBC Make It hires Vega to cover personal finance
TechCrunch promotes Korosec to transportation editor
Digiday hires Guaglione as a media reporter
The Information hires O’Regan to cover Facebook, social media
