Some of Wednesday’s top business news stories:
Associated Press
Damage from virus: Utility bills overwhelm some households, by Micahel Liedtke, Cathy Bussewitz
Massive cargo ship turns sideways, blocks Egypt’s Suez Canal, by Jon Gambrell
CNN
Robinhood files confidentially for IPO despite disastrous start to 2021, by Matt Egan
Intel investing $20 billion in new US chipmaking plants as part of turnaround plan, by Claire Duffy
The Wall Street Journal
Musicians Turn to NFTs to Make Up for Lost Revenue, by Anne Steele
Pfizer Goes It Alone to Expand Vaccine Business Beyond Covid-19 Pandemic, by Jared S. Hopkins
CNBC
Electric automakers must brace for rising battery materials costs, Goldman says, by Evelyn Cheng
250 CEOs and execs express ‘alarm’ over what could become the largest tax hike in New York history, by Robert Frank
Reuters
Silicon Valley firms in no hurry to open up offices despite easing of virus ban, by Paresh Dave
Bank lending to fossil fuel industry down 9% in COVID-hit year, by Simon Jessop
News about business journalism
Forbes names first HBCU fellows and Forbes Academy students
Bloomberg Law starts “On the Merits” podcast
Fierce Pharma hires CNBC’s Higgins-Dunn
Star-Tribune hires Williams as a business reporter
Insider hires Brower as LA business bureau chief
AP reporters win Shadid Award for investigating palm oil industry
Page hired as director of FinLedger
How the WSJ programming strategy team worked together in a pandemic