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