Talking Biz News Today — Jan. 29, 2021

Some of Friday’s top business news stories:

Associated Press

US economy shrank 3.5% in 2020 after growing 4% last quarter, by Martin Crutsinger

Brokerages limit trading in GameStop, sparking outcry, by Alexa Veiga

CNN

GM looks to sell only emission-free vehicles by 2035, by Vanessa Yurkevich

Class-action lawsuit filed against Robinhood following outrage over GameStop stock restriction, by Fernando Alfonso III

The Wall Street Journal

Apple, Facebook Trade Barbs Over Privacy-Focused Business Models, by Tim Higgins

WeWork in Talks to Combine With SPAC or Raise Money Privately, by Maureen Farrell, Konrad Putzier

CNBC

Global tax on tech giants now ‘highly likely,’ German minister says after Yellen call, by Matt Clinch, Silvia Amaro

Novavax says Covid vaccine is more than 89% effective, by Berkeley Lovelace Jr.

Reuters

“GameStop effect” could ripple further as Wall Street eyes short squeeze candidates, by April Joyner, Saqib Iqbal Ahmed

U.S. Justice Department probes SpaceX after hiring discrimination complaint

News about business journalism

NY Post takes down GameStop/real estate story after being duped

Time taps Vesoulis for economic policy beat

What the GameStop story teaches us about TV financial news

NY Times biz investigations editor signs deal for book on law firms

Financial Times expands climate coverage

Indianapolis Biz Journal hires Weaver as ME

Pakistan orders release of man who killed WSJ reporter Pearl

Capitol Forum hires Horn as energy correspondent