US Business

The economy shed 140,000 jobs in December, the first decline since the pandemic hit the country last spring, as a resurgence of the coronavirus hit restaurants and bars.

Amazon said it would stop providing cloud services to the platform and Apple suspended Parler from its App Store, sharply escalating a campaign by tech giants to regulate content they see as dangerous in the wake of the Capitol riot.

The plane maker is facing civil lawsuits related to the two fatal crashes of its MAX planes and a pandemic-driven decline in orders.

The company unveiled a fourth production model as it prepares to face the challenge of Tesla’s locally built Model Y crossover, which launches in China in coming weeks.

Covid, child care and competition from e-commerce warehouses contribute to labor shortages at many factories.

Twitter cited the risk of further incitement of violence following the Capitol attack for the ban. Meanwhile, Google suspended social-media app Parler over content inciting violence, and Apple threatened to do the same.

Google said it acted because of “continued posting in the Parler app that seeks to incite ongoing violence in the U.S.” Apple also threatened to ban Parler from its app store.

Acacia is scrapping a plan to sell itself to the networking-equipment giant for roughly $2.6 billion as the companies dispute the status of the Chinese government’s approval for the combination.

Roku agreed to acquire the rights to content from Quibi, a deal that will make the defunct short-form streaming service’s shows available on the biggest streaming-media player in the U.S.

The value of Tesla’s shares rose around 6% intraday Thursday, enough for Elon Musk to surpass Amazon’s Jeff Bezos in the Bloomberg Billionaires Index.