Car-Safety 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.

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.

Americans Won't Be Banned From Investing in Alibaba, Tencent, Baidu 

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.

Affirm Stock Skyrockets After IPO 

The buy-now, pay-later fintech firm jumped as high as $103 shortly after it began trading and closed at $97.24, almost double its initial offering price of $49.

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.

GameStop Shares Surge After Traders Shift Bets, Board Gets Makeover 

Shares of GameStop jumped two days after the videogame retailer said it would remake its board and as investors who had been betting the stock would weaken shifted positions.

Jane Fraser Puts Mark on Citigroup With Overhaul of Wealth Businesses 

A new unit is being created, combining its high-end private bank for the ultrarich with its wealth-management offerings for the less affluent.

Kodak Director Makes Retroactive Cut to Huge Charity Stock Gift 

George Karfunkel's revised donation appears to be worth $77.5 million, down from the original $116.3 million.

Marriott Says Washington Hotel Is to Blame for Its Own Struggles 

Washington's Marriott Wardman Park had financial troubles because its owner failed to invest in the property, not because of any tensions with Marriott International, the hotel chain said.


(END) Dow Jones Newswires

January 13, 2021 21:15 ET (02:15 GMT)

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