Delta Looks Toward Recovery After Dark Pandemic Winter 
 

The airline reported a 2020 loss of nearly $12.4 billion, making it the company's worst year ever and marking its first annual loss since 2009.

 
Zico Beverage Brand Founder Buys Company Back From Coca-Cola 
 

PowerPlant Ventures, a venture-capital firm co-founded by Mr. Rampolla that backs emerging plant-based products and brands, acquired coconut water-based beverage brand Zico from the Coca-Cola Co. and will rename it Zico Rising.

 
Regulators Urge Tesla to Recall Around 158,000 Vehicles 
 

Federal regulators are asking Tesla to recall about 158,000 vehicles over safety concerns in what would amount to one of the biggest safety actions by the electric-vehicle maker.

 
TSMC to Spend Up to Record $28 Billion in Advanced Chips, Capacity 
 

The company, a key chip supplier to Apple, plans to spend more than ever on developing advanced chips and building plant capacity, capitalizing on a surge in semiconductor demand that has led to a shortfall in global supplies.

 
Twitter CEO Defends Trump Ban 
 

In a series of tweets, Twitter CEO Jack Dorsey said it banned President Trump's personal account in the interest of public safety, but added that a ban "is a failure of ours ultimately to promote healthy conversation."

 
Norwegian Air to Exit Long-Haul, Seeks More Cash in Bid to Exit Bankruptcy Protection 
 

Struggling low-cost carrier Norwegian Air said that it will exit the long-haul market to focus on European short-haul routes, a move that will lead to the loss of 2,160 jobs.

 
Facebook Turned on Trump After Internal Warning Signs Surged 
 

The tech giant's moves came amid fears of a feedback loop in which the unrest in Washington risked fomenting activity on its platform that could trigger more violence.

 
China Tech Giants Seen Avoiding Blacklist 
 

Alibaba, Baidu, and Tencent were among a dozen companies being examined for inclusion in a Defense Department list of firms deemed to support China's military, intelligence and security services.

 
Connecticut Investigating Amazon's E-Book Business 
 

Connecticut's attorney general is looking into whether Amazon's dealings with certain publishers are anticompetitive.

 
Private-Equity Firm New Mountain Capital Raises Over $10 Billion for Deals 
 

New Mountain Capital said it has collected over $10 billion across two new funds, including a $9.6 billion flagship private-equity vehicle and a $640 million pool earmarked for noncontrolling stakes in companies.

 
 

(END) Dow Jones Newswires

January 14, 2021 09:15 ET (14:15 GMT)

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