Chicago Sun-Times to Be Acquired by Public Media Radio Station WBEZ

Chicago Public Media, owner of public radio station WBEZ, is set to buy the Chicago Sun-Times, creating one of the nation's largest nonprofit local-news organizations.

 
ZoomInfo Adds Former U.K. Data-Protection Regulator as Compliance Chief

The business-intelligence platform provider said Simon McDougall would advise the company on privacy best practices.

 
Disney Shakes Up Streaming Management, Forms International Hub

The changes come amid slowing growth in sign-ups for company's marquee streaming service, Disney+.

 
Instagram Creators Can Charge for Subscriptions Under New Test Service

Meta Platforms' Instagram is launching trials of a subscription service that enables creators to charge users for exclusive content, as social-media companies battle to attract individuals who can drive traffic to their platforms.

 
McKinsey Foe's Chapter 11 Conflict-of-Interest Lawsuit Revived by Appeals Court

A federal appeals court revived a McKinsey & Co. critic's lawsuit alleging the consulting giant concealed conflicts of interest to obtain lucrative appointments advising bankrupt companies at the expense of rival firms.

 
Morgan Stanley Profit Rises 9%

The bank joined its peers in posting gains in investment banking but a decline in trading revenue.

 
Bank of America's Quarterly Profit Rises 28%

Higher interest income and record investment banking revenue pushed the lender to higher earnings, bucking the trend at some other large U.S. banks.

 
Flight Disruptions Ease as 5G Goes Live

Stable weather and changes following wireless carriers' temporary concession to address air-safety concerns helped blunt cancellations on the first day of the new services' rollout.

 
GM Plans to Expand Use of Fuel Cells

General Motors Co. said its plans to broaden electrification, expanding use of fuel cells.

 
Starbucks Drops Covid-19 Vaccination, Testing Requirements

The coffee chain was set to implement the requirement for its U.S. workers next month, but is rescinding it in light of the Supreme Court recent ruling against a federal mandate for companies.

(END) Dow Jones Newswires

January 19, 2022 17:15 ET (22:15 GMT)

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