US Business

Jack Ma, the billionaire founder of China’s Alibaba and controlling shareholder of financial affiliate Ant Group, made a public appearance, his first since regulators began clamping down on his business empire.

The streaming giant said it added 8.5 million subscribers in the fourth quarter, ending last year with an additional 37 million altogether.

Carlos Tavares outlined his vision for the newly combined auto maker, saying he would preserve factories, draw more distinctions between brands and reassess troubled operations in China.

The drugmaker is on track to help meet President-elect Joe Biden’s goal for his first 100 days in office, Chief Executive Stéphane Bancel said.

Faulty software set back a bid by the world’s largest car maker for electric-vehicle dominance.

The Treasury secretary nominee, facing confirmation hearings this week, supports Biden administration plans that add trillions to U.S. borrowing, backed by a turnabout in economic thinking.

Conservative book publisher Regnery Publishing said it would release Sen. Josh Hawley’s “The Tyranny of Big Tech,” after Simon & Schuster canceled its deal with the lawmaker.

A cash-and-stock deal could come together as soon as this week. Exact terms couldn’t be learned but Coherent had a market value of $3.7 billion as of Friday’s close, while Lumentum’s was $8 billion.

Samsung’s de facto leader returned to prison, throwing the South Korean conglomerate into disarray during a generational transfer of power.

A fresh batch of films scheduled for theatrical release in February, March or April are being postponed or sold to streaming services as cases of Covid-19 stay at high levels across the country.