Some of Tuesday’s top business news stories:
Associated Press
Home Depot reunites with HD Supply in deal valued at $8B, by Michelle Chapman
Huawei selling Honor phone brand in face of US sanctions, by Joe McDonald, Zen Soo
CNN
Warren Buffett’s Berkshire Hathaway makes big bets on drug stocks, by Paul R. La Monica
Airbnb files to go public as the pandemic rages on, by Sara Ashley O’Brien
The Wall Street Journal
Moderna’s Covid-19 Vaccine Is 94.5% Effective in Early Results, Firm Says, by Peter Loftus
Tesla to Be Added to S&P 500 Index, by Heather Somerville
CNBC
Lordstown Motors shares jump on early demand and robust hiring to build EV pickup, by Michael Wayland
Makers of diapers and baby formula brace for lower sales as pandemic leads to decline in births, by Amelia Lucas
Reuters
Pfizer to start pilot delivery program for its COVID-19 vaccine in four U.S. states
Universal, Cinemark agree on earlier home release for movies, by Lisa Richwine
News about business journalism
Digiday’s Modern Retail hires Waters to cover Amazon
Crypto journalists form organization
Quartz sets weekly membership addition record
Digiday names Davies its managing editor of Future of Work
Reuters plans to roll out a hybrid events model in 2021
“The Price We Pay” wins SABEW book award
