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
