Zoom CFO Opts for Equity Raise Instead of Debt Sale to Keep Options Open 
 

Zoom's finance chief opted for an equity raise rather than a debt sale as the software company sought additional funding to build out its operations.

 
Keystone XL Oil Project Pledges Zero Carbon Emissions 
 

The controversial pipeline project would be powered by renewable energy and built by union labor in a series of planned overhauls to avoid being axed by the Biden administration.

 
Fiat Chrysler, PSA Group Merge to Create New Auto-Making Behemoth 
 

The newly formed auto maker, called Stellantis, is set to start trading on Monday in Europe and on Tuesday in New York.

 
Boeing's Other Big Problem: Fixing Its Space Program 
 

The last liftoff of the Starliner spacecraft was supposed to be a decisive win. Instead, it showed that Boeing's engineering and management issues went beyond its 737 MAX planes. Can the company redeem itself with its next launch?

 
Blackstone Growth Fund Banks More Than $3 Billion So Far 
 

Private-equity giant Blackstone Group Inc.'s new growth investment unit is doing some growing of its own.

 
Groceries Prove a Pandemic Bright Spot for BP and Shell 
 

Oil majors bet offering more fresh food and services at gas-station stores can help offset declining oil income.

 
FAA Approves Fully Automated Commercial Drone Flights 
 

Massachusetts-based American Robotics was granted permission to operate drones without hands-on piloting or direct observation by human controllers or observers.

 
Capital One Fined for Anti-Money-Laundering Deficiencies 
 

The Treasury Department said it fined Capital One for "willfully failing to implement and maintain" effective anti-money-laundering controls.

 
America's Big Banks Girded for Bad Loans. They're Still Waiting. 
 

JPMorgan, Citigroup and Wells Fargo all reported better-than-expected earnings Friday. Reserve releases and Wall Street powered the results.

 
Amazon Is Accused of Driving Up the Price of E-Books 
 

A lawsuit filed Friday alleges a pricing deal between e-commerce giant and top five publishers hurts competition.

(END) Dow Jones Newswires

January 17, 2021 23:15 ET (04:15 GMT)

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