Some of Friday’s top business news stories:
Associated Press
From job cuts to online commerce, virus reshaped US economy, by Christopher Rugaber
Pace of spending for pandemic aid? Try $43,000 every second, by Josh Boak
CNN
Netflix may crack down on password sharing, by Clare Duffy
Massive hack disrupts Molson Coors brewing operations, by Jordan Valinsky
The Wall Street Journal
Grab Is in Talks to Go Public Through a SPAC Merger, by Maureen Farrell
Tesla Faces New Reality of Tough Competition, by Rebecca Elliott
CNBC
Yelp data shows almost half a million new businesses opened during the pandemic, by Anjali Sundaram
Hollywood’s $10 billion opportunity: McKinsey study says anti-Black bias hurts revenue, by Julia Boorstin
Reuters
U.S. white wheat growers cash in as China snaps up supplies, by Julie Ingwersen, Hallie Gu
Direct deposits from U.S. COVID bill to come as early as this weekend, White House says, by Jeff Mason, Nandita Bose
News about business journalism
Apple sues ex-employee for giving trade secrets to reporter
MarketWatch hires McEnery to cover markets
Crain’s New York hires Kaufman to cover health care