Some of Friday’s top business news stories:
Associated Press
US unemployment claims fall to 779,000 but job cuts grind on, by Christopher Rugaber
Ford loses $1.28B in 2020, raises electric vehicle spending, by Tom Krisher
CNN
$1.7 billion Ponzi scheme defrauded 17,000 investors, SEC says, by Ramishah Maruf
Voting technology company Smartmatic files $2.7 billion lawsuit against Fox News, Rudy Giuliani and Sidney Powell over ‘disinformation campaign’, by Oliver Darcy
The Wall Street Journal
Johnson & Johnson Asks U.S. Regulators for Emergency Approval of Its Covid-19 Vaccine, by Peter Loftus
Holidays Sales Slumped, but Some Retailers Predict a Snapback, by Suzanne Kapner
CNBC
Chobani is eyeing an IPO later this year, by Amelia Lucas
Peloton quarterly sales top $1 billion, but shares fall as cycle maker steps up further supply chain investments, by Lauren Thomas
Reuters
Robinhood lifts trading restrictions on all stocks, including GameStop
Looming Apple privacy changes weigh on Snap despite revenue growth, by Sheila Dang
News about business journalism
Revenue, profit rise at WSJ parent Dow Jones
Gizmodo parent fired journalist because of activism, union claims
Dobbs and Bartiromo of Fox Business sued by election tech company
