Month: December 2020

Shoppers are splurging on gift cards in December in the midst of concern over store visits and shipping delays, as Covid-19 cases surge.

President Trump criticized the roughly $900 billion coronavirus relief deal passed by Congress, saying the bill has “almost nothing to do with Covid” and called on lawmakers to increase direct payments to Americans.

The Covid-19 relief bill passed by Congress will cover carriers’ payrolls through March, but a rebound in air travel remains uncertain.

The Tesla chief said that he previously reached out to Tim Cook about the possibility of the iPhone maker buying the electric-vehicle company but that Mr. Cook refused to meet with him.

The Justice Department accused the retail giant of ignoring warnings from its own pharmacists about inadequate screening of questionable prescriptions amid pressure to sell addictive painkillers quickly.

CEO Jeff Bezos still runs the e-commerce giant with the drive of a startup trying to survive. That strand of its corporate DNA is becoming a liability, as its tactics to dominate nearly every market—furniture, diapers, tripods, shoes—make it a target for antitrust enforcers and politicians.

Facebook and Google agreed to “cooperate and assist one another” if they ever faced an investigation into their pact to work together in online advertising, according to an unredacted version of a lawsuit filed by 10 states against Google last week.