Bloomberg

TikTok’s forced sale to Walmart Inc. and Oracle Corp. has been shelved indefinitely, according to the Wall Street Journal.

With on-demand liquor deliveries surging as a result of pandemic shopping habits, Uber is spending big to snap up a hot start-up.

The International Air Transport Assn., which is helping develop a digital travel pass for safe flying, is calling on the WHO to rule that it’s safe for people who have gotten the COVID-19 vaccine to fly without quarantining.

The automaker blamed aggressive price cutting in China, supply chain costs and a big pay package for CEO Elon Musk and other executives for lower operating margins in the fourth quarter of 2020.

AT&T also disclosed that it took at $15.5-billion charge due to the losses at DirecTV satellite business, which has seen heavy losses to cord-cutting.

The CEO of Tesla and a billionaire candidate for the California governorship have joined the wild hype around GameStop, a money-losing video game retailer.

Democrats unveil legislation that would increase the minimum wage from the current $7.25 an hour to $9.50 this year and $15 by 2025.

Senate GOP leader Mitch McConnell said he’s dropping a key demand and is ready to move toward a power-sharing agreement after two Democratic senators pledged they won’t vote to do away with the filibuster.

Marc Rowan, one of Leon Black’s top lieutenants, is to succeed him as CEO of private equity giant Apollo Global Management. Black will stay on as chairman.

Surges in share price for companies like GameStop and Blackberry illustrate how social media swarm behavior has become a driving force in today’s stock market.