AT&T Will Avoid Airports With Its Initial 5G Deployment

The wireless carrier said new cellular signals will remain offline near runways to address air-safety concerns and avoid disrupting flight schedules.

 
Pfizer's New Covid-19 Pill Works Against Omicron in Lab

The drug's main component worked in three separate laboratory studies, a potentially encouraging sign as the Omicron strain spreads.

 
Gilead Alleges Counterfeiting Ring Sold Its HIV Drugs

The drugmaker said that a network of little-known drug suppliers and distributors sold illicit and potentially dangerous fake versions of its HIV medicines that ended up in pharmacies and in the hands of patients.

 
Microsoft to Buy Activision Blizzard

Microsoft agreed to buy Activision Blizzard in an all-cash deal valued at about $75 billion, using its largest acquisition by far to grab a videogame heavyweight that has been roiled by claims of workplace misconduct.

 
Goldman Pays Up for Talent, Sending Profits Down

The Wall Street giant's compensation expenses soared 33% in 2021, contributing to a fourth-quarter earnings decline. JPMorgan and Citigroup also spent more on pay.

 
GM Dealers to See More EV Chargers From Blink

Blink is supplying electric-vehicle chargers to General Motors dealerships across North America. More chargers will allow GM dealers to sell and service more EVs.

 
Exxon Pledges to Reduce Carbon Emissions From Operations to 'Net Zero'

Exxon Mobil said its ambition is to reduce or offset greenhouse-gas emissions from its operations to zero by 2050, as investor and public pressure mount on oil producers to respond to climate change.

 
Charles Schwab Stock Tumbles as Earnings Miss Estimates

Fourth-quarter adjusted earnings of 86 cents a share missed analysts' estimates by 2 cents.

 
Netflix Gives Its Toughest Audience What It Wants

Price increases come as the streaming company's stock slumps on subscriber-growth worries ahead of its fourth-quarter results.

 
Blackstone Property Fund Targeting Small Investors Passes $50 Billion

Blackstone Real Estate Income Trust, started five years ago, has scooped up rental-apartment buildings, warehouses, office buildings and casinos, among other types of properties.

(END) Dow Jones Newswires

January 18, 2022 13:00 ET (18:00 GMT)

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