BHP Flags Up to $1.25 Billion Impairment Charge 

BHP Group said it produced more iron ore but less coal, copper and petroleum in the first half of its fiscal year, as it flagged an impairment charge of between $1.15 billion and $1.25 billion against an Australian coal unit.

New Stellantis CEO Plans More Distinctive Vehicle Brands 

Carlos Tavares outlined his vision for the newly combined auto maker, saying he would preserve factories, draw more distinctions between brands and reassess troubled operations in China.

Wimkin Removed From Google Play 

Takedown follows the suspension of the small social-media network from Apple's App Store last week, also for posts deemed to incite violence.

Alibaba's Jack Ma Resurfaces After Months of Lying Low 

Jack Ma, the billionaire founder of China's Alibaba and controlling shareholder of financial affiliate Ant Group, made a public appearance, his first since regulators began clamping down on his business empire.

Netflix Tops 200 Million Subscribers for the First Time 

The streaming giant said it added 8.5 million subscribers in the fourth quarter, ending last year with an additional 37 million altogether.

Moderna CEO Expects 100 Million Vaccine Doses by End of March 

The drugmaker is on track to help meet President-elect Joe Biden's goal for his first 100 days in office, Chief Executive Stéphane Bancel said.

Tech Executives Look to New Administration to Undo Rules Blocking Talent 

Among the hopes: more approvals of H-1B visas, a popular vehicle for staffing IT teams.

Electric-Truck Maker Rivian Raises $2.65 Billion Ahead of First Vehicle Launch 

The startup backed by Amazon and Ford is valued at $27.6 billion amid a continuing tear for electric-vehicle companies.

Judge Approves Mallinckrodt to Reimburse Creditor Fees 

Reimbursing professional fees is part of the restructuring support agreement Mallinckrodt hopes will serve as the foundation for resolving thousands of lawsuits accusing the drugmaker of helping fuel the opioid epidemic.

High Court Weighs FCC Rollback of Restrictions on Media Ownership 

The Supreme Court stepped into the middle of a battle over federal limits on media ownership in local markets.


(END) Dow Jones Newswires

January 20, 2021 03:15 ET (08:15 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.