Flight Disruptions Ease as 5G Goes Live 
 

Stable weather and changes following wireless carriers' temporary concession to address air-safety concerns helped blunt cancellations on the first day of the new services' rollout.

 
GM Plans to Expand Use of Fuel Cells 
 

General Motors Co. said its plans to broaden electrification, expanding use of fuel cells.

 
Starbucks Drops Covid-19 Vaccination, Testing Requirements 
 

The coffee chain was set to implement the requirement for its U.S. workers next month, but is rescinding it in light of the Supreme Court recent ruling against a federal mandate for companies.

 
The CEO Who Fired 900 People on Zoom Is Back 
 

Better.com's Vishal Garg took a break in December after a video showing him letting go hundreds of employees remotely went viral.

 
Unilever Walks Away From Glaxo Consumer-Healthcare Deal 
 

Unilever, maker of Dove soap and Ben & Jerry's ice cream, said it won't boost its $68 billion offer for GlaxoSmithKline's consumer healthcare business, effectively ending its effort to buy the maker of Aquafresh toothpaste and Advil pain relievers.

 
Morgan Stanley Profit Rises 9% 
 

The bank joined its peers in posting gains in investment banking but a decline in trading revenue.

 
Bank of America's Quarterly Profit Rises 28% 
 

Higher interest income and record investment banking revenue pushed the lender to higher earnings, bucking the trend at some other large U.S. banks.

 
Sony Braces for Microsoft's 'Pay-to-Win' Strategy 
 

Sony shares dropped nearly 13% after Microsoft's announced megadeal for Activision. Its investors are right to be concerned.

 
State Street Profit Rises on New Business, Market Gains 
 

The financial holding company's net income rose 30% to $697 million in the fourth quarter.

 
Microsoft's Activision Deal to Power Its Netflix-of-Gaming Aspirations 
 

With its $75 billion deal for Activision Blizzard, Microsoft aims to shake up the gaming industry by building out its library of blockbusters and bolstering its efforts to entice consumers onto its cloud-gaming service.

 
 

(END) Dow Jones Newswires

January 19, 2022 15:00 ET (20:00 GMT)

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