Maersk Ship Loses 750 Containers Overboard in Pacific Ocean 

Rough seas during a trip from China to Los Angeles caused the loss, the latest in a series of weather-related accidents at sea affecting millions of dollars in cargo.

Ford, GM Stocks Rally on Electric-Vehicle Enthusiasm 

Until lately, Detroit's auto makers haven't benefited much from Wall Street's fixation with electric and driverless cars, but shares of both Ford and GM are both up about 35% so far this month.

Facebook Refers Trump Suspension to Oversight Board 

The social-media company said a decision from its independent panel on the matter-the biggest issue it has tackled since being established last year-would be binding.

Britain's IG Group to Buy U.S. Options Firm Tastytrade for $1 Billion 

The deal, which would substantially increase IG's presence in the U.S. market. is a bid to capitalize on the boom in options trading by small investors.

Lilly Antibody Drug Prevents Covid-19 in Nursing Homes, Study Finds 

The drugmaker plans to ask U.S. health regulators to expand bamlanivimab's use to protect nursing-home residents and staff from Covid-19.

Buying Airline Stocks Takes a Leap of Faith 

U.S. carriers are hoping that pent-up demand for leisure travel could be unleashed as soon as this summer, but the evidence isn't yet strong enough.

Mytheresa IPO Is Less Fashion-Forward Than It Looks 

The former owners of troubled department store Neiman Marcus have sold a stake in the online retailer at an eye-popping valuation, but its business model may need a makeover.

Travelers Profit Increases 50%, Fueled by Car-Insurance Unit 

The insurer benefited from fewer catastrophes than in the year-earlier period and premium increases in some lines of business sold to corporate customers.

Intel to Cap Off Difficult Year Ahead of New Chief 

The chip maker is expected to report record annual sales blemished by market-share losses and technical setbacks.

Starboard Seeks to Take Control of Corteva Board, Oust CEO 

Starboard Value is seeking to take control of agricultural giant Corteva's board and replace its chief executive, according to people familiar with the matter.


(END) Dow Jones Newswires

January 21, 2021 15:15 ET (20:15 GMT)

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