Some of Tuesday’s top business news stories:
Associated Press
Apple warns China virus will cut iPhone production, sales
Jeff Bezos commits $10 billion to fight climate change, by Joseph Pisani
CNN
Two train giants just teamed up to take on China, by Hanna Ziady
Mark Zuckerberg comes to Europe and asks for more regulation, by Julia Horowitz
The Wall Street Journal
Franklin Resources Is in Talks to Buy Legg Mason, by Justin Baer, Cara Lombardo
Gilead’s Coronavirus Drug Trial Slowed by Lack of Eligible Recruits
CNBC
Walmart earnings miss as holiday season disappoints, outlook falls short of estimates, by Lauren Thomas, Melissa Repko, Courtney Reagan
Dairy Farmers of America agrees to buy Dean Foods, America’s biggest milk producer, for $425 million, by Amelia Lucas
Reuters
China to grant tariff exemptions on 696 U.S. goods to support purchases, by Stella Qui, Se Young Lee
European new car sales down 7.4% in January: ACEA, by Riham Alkousaa
News about business journalism
Real estate news site CoStar hires visual journalist
The dilemma of how Bloomberg News covers candidate Bloomberg
Dishman becomes biz editor at The Oklahoman
Cho to depart Bloomberg QuickTake for freelance work