Huawei CFO in Talks With U.S. to Resolve Criminal Charges

The Justice Department is discussing an arrangement with Meng Wanzhou that would allow her to return home to China from Canada, in exchange for admitting wrongdoing in a criminal case that has strained Beijing's relations with the U.S. and Canada.

 
Pfizer Slashed Its Original Covid-19 Vaccine Rollout Target After Supply-Chain Obstacles

Pfizer and partner BioNTech had hoped to roll out 100 million vaccines world-wide by the end of this year, a plan that has since been reduced to 50 million.

 
Justice Department Accuses Facebook of Favoring H-1B Workers in Hiring

A lawsuit accuses the social-media company of illegally reserving high-paying jobs for immigrant workers it was sponsoring for permanent residence and of failing to adequately search for U.S. hires.

 
Prominent AI Researcher Says Google Fired Her

Timnit Gebru says she was fired after she refused to retract a research paper and complained about Google in an email to colleagues.

 
Capital One CFO to Leave for Health-Insurance Startup

Capital One on Thursday said Chief Financial Officer R. Scott Blackley resigned, effective March 1. He will take up his new post as the CFO of Oscar on March 16, the insurance provider said.

 
Southwest Outlines Plans for Potential Furloughs Next Year

Southwest Airlines on Thursday told more than 6,800 employees that their jobs are at risk as the coronavirus pandemic continues to decimate demand for air travel.

 
Blue Moon Group Plans Up to $1.27 Billion Hong Kong IPO

China-based Blue Moon Group Holdings plans to raise as much as $1.27 billion through an initial public offering in Hong Kong, the latest firm seeking to test investors' appetite in the active equities fundraising market.

 
Rolls-Royce Prunes Civil Aerospace Business for Potential Sale

As the pandemic continues to roil the travel industry, Rolls-Royce Holdings is looking at its civil aerospace business with an eye to unlocking new growth and capabilities, and eventually selling it altogether.

 
Some Companies Aren't Recognizing, Mitigating AI's Potential Pitfalls

For companies to mitigate the potential pitfalls associated with artificial intelligence projects, they first have to recognize risks associated with adopting the technology. Recent findings from consulting firm McKinsey & Co. show that many firms are behind on both fronts.

 
Bling Capital Closes Second Fund, Adding to Venture's Banner Year

Bling Capital Fund II LP will target sectors including consumer, financial technology and data-software startups, said Bling General Partner Ben Ling.

(END) Dow Jones Newswires

December 03, 2020 21:15 ET (02:15 GMT)

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