Some of Monday’s top business news stories:
Associated Press
Source: Oracle wins TikTok over Microsoft in Trump-urged bid, by Matt O’Brien, Tali Arbel
Nvidia to buy rival chipmaker Arm from Softbank for $40B
CNN
JCPenney could be doomed, even as malls race to save it, by Chris isidore
Gilead to acquire Immunomedics for $21 billion, by Jazmin Goodwin
The Wall Street Journal
AstraZeneca Covid-19 Vaccine Trials Resume in U.K., by Peter Loftus
Exxon Used to Be America’s Most Valuable Company. What Happened?, by Christopher M. Matthews
CNBC
Movie theaters rushed to reopen, but now there are no blockbusters to play, by Sarah Whitten
Nikola shares plunge more than 14% amid dispute over short seller’s fraud allegations, by Leslie Josephs
Reuter
Amazon to hire 100,000 more workers in its latest job spree this year, by Jeffrey Dasti
Carlyle may take $2 billion stake in retail arm of India’s Reliance: Mint
News about business journalism
Union-Tribune puts “Career Advice” column in hiatus
Grocery Dive associate editor Thakker departs
How TechCrunch took its Disrupt conference online
Wilkinson, creator of “Lunch with the FT,” dies at 78
Business Insider is creating a tech features team
Bloomberg Opinion hires Tax Foundation’s Smith
Bloomberg Law reporter Stoller is departing
Marotti leaving Chicago Tribune for Crain’s Chicago Business