Johnson & Johnson's Profit Is Boosted by Pharmaceuticals Business 

The coronavirus pandemic continued to drag down sales of medical devices as people postponed elective procedures, but modest growth in consumer-health products also contributed to the sales boost in the latest quarter.

Verizon Slow to Cash In on iPhone 12 

Carrier's profit slipped in the fourth quarter as higher costs burdened its bottom line, though the company issued a more upbeat view of its prospects in 2021.

3M Expects Sales Growth as Customers Return to Offices, Schools 

The St. Paul, Minn.-based manufacturer said it has delivered two billion N95 masks around the world and is making more than 95 million a month in the U.S.

GE Reports Surge in Year-End Cash Flow 

The surge of cash came from orders in its power and renewables divisions, along with improved financial efficiency.

Clydesdales Charge Into a Super Bowl Ad After All-for Sam Adams 

Boston Beer and GlaxoSmithKline are among the companies enlisting ambush-marketing techniques to generate big-game buzz without national-television commercials.

Twitter is Buying Newsletter Provider Revue 

The move reflects interest among social-media companies in providing content creators with tools to make money.

Amazon Set to Hire 3,000 Corporate Employees in Boston is planning to add 3,000 employees in its corporate ranks in the Boston area, one of a number of expansions of technology jobs in major American cities for the company.

UBS Plans $4.5 Billion Share Buyback as Profit Surges 

The Swiss bank powered through the coronavirus pandemic with some of the best financial results in global banking.

NRG Energy CFO Focusing on Cutting Costs, Pricing After Direct Energy Deal 

NRG Energy Inc. Chief Financial Officer Kirkland Andrews is focusing his attention on reviewing the energy company's costs and pricing strategy after it wrapped up a $3.6 billion deal to acquire Direct Energy earlier this month.

Trilantic, Generate Capital and Others Invest $600 Million in Intersect Power 

The San Francisco-based company will use the capital to build seven solar projects and to expand into green hydrogen.


(END) Dow Jones Newswires

January 26, 2021 11:15 ET (16:15 GMT)

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