The Week in Business: Cuts to Oil Production

Job growth last month continued at a steady, but slower pace. The Biden administration unveiled its plans for the I.R.S. And a new inflation reading comes out. Source link...

No More Hush Money at National Enquirer, Its New Publisher Says

“Catch and kill,” the tactic of buying and burying stories at the heart of the case against former President Trump, is no longer in practice, said Ted Farnsworth,...

Elon Musk Testifies That His Tweets Did Not Drive Tesla’s Stock Price

The chief executive of Tesla testified in a federal civil trial about a 2018 plan to take the automaker private that fizzled out. Source link

How ‘Extraordinary Measures’ Can Postpone a Debt Limit Disaster

Treasury Secretary Janet L. Yellen will soon need to use accounting maneuvers to keep the United States from defaulting on its debt. Source link

The U.S. Will Hit Its Debt Limit Today. How Bad Will It Be?

The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted. Source link...

Jeff Bezos Visits The Washington Post as Layoffs Loom

With questions hovering about the financial performance of the news organization, its billionaire owner checked in with senior leaders. Source link

Media Start-Up Semafor Plans to Buy Out Sam Bankman-Fried’s Investment

Semafor is one of several media companies that received money from Mr. Bankman-Fried or his affiliates before his cryptocurrency company fell apart and he was charged with crimes. Source...

Reed Hastings to Become Netflix’s Executive Chairman, Ceding Co-Chief Role

Mr. Hastings will become the streaming giant’s executive chairman. Greg Peters will join Ted Sarandos as a co-chief executive. Source link

Ginny Redington Dawes, Composer of Memorable Ad Jingles, Dies at 77

She collaborated on the melodies for signature commercials that sang the praises of McDonald’s, Coca-Cola and other brands. Source link

It’s Dry January. Pour One Out for the Bar Owners.

Between the “tripledemic,” the economy, holiday fatigue and the temporarily sober, businesses are suffering. Source link