Some of Wednesday’s top business news stories:
Associated Press
IMF: Vaccines will power 5.5% global economic growth in 2021, by Paul Wiseman
Walgreens taps Starbucks exec Brewer as its new CEO, by Deen-Ann Durbin
CNN
Microsoft posts record revenue as pandemic continues to fuel sales, by Clare Duffy
Europe threatens to restrict vaccine exports after AstraZeneca and Pfizer hit production problems, by Julia Horowitz
The Wall Street Journal
Shift to Electric Vehicles Spurs Bid to Make More Batteries in U.S., by Ben Foldy, REbecca Elliott
GE Reports Surge in Year-End Cash Flow, by Thomas Gryta
CNBC
Shipping carriers rejected tons of U.S. agricultural exports, opting to send empty containers to China, by Lori Ann LaRocco
America’s top-tier malls were resilient, but values are now crumbling, down 45% from 2016 levels, Green Street says, by Lauren Thomas
Reuters
U.S. says $35 billion more in pandemic loans approved, trying to fix program snags
Nissan says all new vehicle offerings in key markets to be electrified by early 2030s
News about business journalism
Adweek brand editor Pearl departing for Business of Fashion
Kudlow signs with Fox Business for daily show
Aviation reporter Slotnick departing Business Insider
Adweek names Griner its international editor, hires UK bureau chief
Fox Business website sets record for views and visits
SABEW launches mentorship program for college students of color
Bennet, former NY Times editorial page editor, joining The Economist
