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The Wall Street Journal: ‘Fantastic Beasts’ sequel stumbles at U.S. box office, but shines overseas
“Fantastic Beasts: The Crimes of Grindelwald,†the latest installment in J.K. Rowling’s Wizarding World series, opened to a franchise low in the U.S. and Canada this weekend while posting robust returns in international markets......»»
The Wall Street Journal: Facebook drops bid to build underwater fiber-cable link to Hong Kong
A Facebook Inc. consortium withdrew its bid to build a new internet conduit between California and Hong Kong after months of pressure from U.S. national-security officials, the latest sign of a deepening rift between the two governments......»»
The Wall Street Journal: U.S. sees Pfizer’s and other Western COVID-19 vaccines becoming latest target of Russian disinformation
One Russian claim: that the U.S. rushed the Pfizer-BioNTech vaccine through the regulatory process......»»
The Wall Street Journal: M&T Bank nears $7 billion deal to buy People’s United
M&T Bank Corp. is nearing a deal to buy People’s United Financial Inc. for more than $7 billion, according to people familiar with the matter, in the latest in a string of regional-bank tie-ups......»»
The Wall Street Journal: China leapfrogs U.S. to become world’s No. 1 destination for foreign direct investment
New investments in the U.S. by overseas businesses fell 49% in 2020......»»
The Wall Street Journal: U.S. to target more French, German wines, spirits with 25% tariffs
The Trump administration said it will target more French and German wine and spirits with 25% tariffs starting Jan. 12, in the latest escalation in a tit-for-tat tariff fight related to a longstanding dispute over commercial-jetliner subsidies......»»
The Wall Street Journal: Huntington Bankshares, TCF Finanancial agree to merger
Huntington Bancshares Inc. agreed to merge with TCF Financial Corp. in the latest in a recent string of regional-bank tie-ups......»»
The Wall Street Journal: Nissan’s U.S. chief is latest exec to quit troubled auto maker
Nissan Motor Co.’s U.S. chief, José Luis Valls, is resigning after a year on the job, the company said......»»
Legendary tech investor Bill Gurley will not be involved in Benchmark"s newest fund, ending a track record that lasted more than 20 years.
Getty/Steve Jennings Benchmark partner Bill Gurley, renowned for his early bets on Uber and Stitch Fix, will not be involved in the firm's latest fund. The Wall Street Journal's Yuliya Chernova and Rolfe Wi.....»»
The Wall Street Journal: WeWork skips rent payments to cut costs amid pandemic
WeWork has stopped paying rent at some U.S. locations, in the latest sign that the co-working company is aggressively trying to cut costs as the economic downturn eats into its revenue......»»
The Wall Street Journal: Harley-Davidson to suspend U.S. production after coronavirus case at plant
Motorcycle maker Harley-Davidson Inc. became the latest major U.S. company to suspend production to limit the spread of the new coronavirus, a move that will affect about 2,000 employees at its U.S. factories......»»
Why upstate New York"s job market growth is falling behind the rest of the country
Upstate New York's job market is decidedly not hot. That’s according to the latest annual analysis from The Wall Street Journal, which used data from Moody’s Analytics. Rochester ranked last on the list of hottest job markets at No. 53 amon.....»»
Nashville surges to No. 2 job market, Wall Street Journal reports
Only Austin, Texas, had a hotter job market than Nashville in 2019. That’s according to the latest annual analysis from The Wall Street Journal, which used data from Moody’s Analytics. It was a repeat for Austin at the top of the rankings, whi.....»»
The Wall Street Journal: Debris found in fuel tanks of some undelivered Boeing 737 Max jets
Boeing Co. said Tuesday that it had found debris in the fuel tanks of undelivered 737 Max jetliners, the latest setback in the plane maker’s efforts to address quality control problems......»»
The Wall Street Journal: Sanders pulls away from Biden in latest WSJ/NBC News poll
Sen. Bernie Sanders has taken sole possession of the lead in the D.....»»
The Wall Street Journal: Casino operator buys stake in Barstool Sports, valuing brand at $450 million
The deal between popular sports-media publisher Barstool Sports Inc. and a casino operator is the latest sign of the seismic change under way in sports betting since the Supreme Court moved two years ago to legalize it widely......»»
The Wall Street Journal: Scooter startup Lime slashes workforce, abandons 12 markets
Electric scooter-rental startup Lime is laying off roughly 14% of its workforce as it pulls out of a dozen markets in the U.S. and abroad, the latest downscaling in an unprofitable industry......»»
Amazon websites could be added to USTR"s "Notorious Markets" list: WSJ
The Trump administration is considering putting some of Amazon.com Inc's overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal reported on Friday, citing people familiar with the matter......»»
The Wall Street Journal: Jeans are the latest industry to be divided among Democrats and Republicans
New research shows that Democrats have become more likely to wear Levi’s while Republicans are more likely to purchase Wrangler......»»
AT&T does not plan to sell DirecTV unit, COO tells Wall Street Journal
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»