Some of Wednesday’s top business news stories:
Associated Press
Feds sue Walmart over role in opioid crisis, by Michael Balsamo, Anne D’Innocenzio
During crucial holiday season, US consumer confidence slumps, by Matt Ott
CNN
Airlines welcome back thousands of furloughed workers after Congress passes stimulus bill, by Chauncey Alcorn
How Google, Microsoft and others plan to work post-pandemic, by Kathryn Vasel
The Wall Street Journal
IAC’s Plans to Spin Off Vimeo Send Shares Surging, by Matt Grossman
U.S. Postal Service Struggles to Keep Up With Christmas Deliveries, by Suzanne Kapner, Paul Ziobro
CNBC
Pfizer nears deal with U.S. government for more Covid vaccine doses, sources say, by Berkeley Lovelace Jr.
Punch Bowl Social files for Chapter 11 bankruptcy after pandemic devastates its business, by Amelia Lucas
Reuters
LG Electronics, Magna to set up $1 billion JV to make electric car gear
U.S. SEC charges blockchain company Ripple for conducting an unregistered securities offering, by Katanga Johnson
News about business journalism
Financial Times is cutting 64 jobs
Ex controller of Grant’s Interest Rates Observer pleads guilty of embezzlement
MarketWatch.com names Schroeder its DC bureau chief
FT names Fishburn as opinion and analysis editor
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…