Some of Tuesday’s top business news stories:
Associated Press
Tesla fans complain Biden ignores company’s EV leadership, by Tom Krisher
Universal health care bill fails to pass in California, by Adam Beam
CNN
Sony to acquire video game studio Bungie in $3.6 billion deal, by Brian Fung
Alice, the first all-electric passenger airplane, prepares to fly, by Jennifer Korn
The Wall Street Journal
EPA Moves to Restore Obama-Era Rules on Power Plants, by Katy Stech Ferek
Citrix Systems to Go Private in Deal Valued at $16.5 Billion, Including Debt, by Matt Grossman
CNBC
Biden is sending more than $1 billion to states to plug abandoned oil and gas wells, by Emma Newburger
Companies founded by Pharma Bro Martin Shkreli will pay up to $28M in class-action settlement over Daraprim price hike, by Dan Mangan
Reuters
Fed sees March rate hike, but no roadmap after that, by Jonnelle Marte, Howard Schneider, Ann Saphir
Exxon unveils sweeping restructuring in latest cost cutting move, by Sabrina Valle
News about business journalism
Tech reporter Nellis departs Reuters
Bloomberg hires crypto VCs reporter, cybersecurity reporter
Washington Post hires Menn to cover digital threats
Reuters taps Rigby as global health correspondent
Bloomberg hires White as ESG reporter
Ramadan joins Thomson Reuters Foundation as a correspondent
Thomson Reuters Foundation taps Jay as head of audience development
Reuters hires Thomsen as legal reporter
MIT Technology Review appoints Arieff editorial director of print
Noriega appointed managing editor at Morning Brew
FT’s US journalists are seeking to unionize