Mon. Mar 8th, 2021

Day: January 13, 2021

Talking Biz News Today – Jan. 13, 2021

Some of Wednesday’s top business news stories:

Associated Press

GM charges up new unit to sell electric delivery vans, gear, by Tom Krisher

Some Uber, Lyft drivers sue over California ballot measure, by Brian Melley

CNN

Amazon slams Parler in court reply and invokes Big Tech’s liability shield, by Brian Fung

Boeing reports strong end to its worst year in decades, by Chris Isidore

The Wall Street Journal

SolarWinds Hackers’ Attack on Email Security Company Raises New Red Flags, by Robert McMillan

Visa Abandons Planned Acquisition of Plaid After DOJ Challenge, by Brent Kendall, AnnaMaria Andriotis, Peter Rudegeair

CNBC

U.S. will require negative Covid tests for inbound international air travel, by Leslie Josephs

U.S. to change Covid vaccine allocation to favor states that quickly administer shots, by Berkeley Lovelace Jr.

Reuters

Exclusive: U.S. tells European companies they face sanctions risk on Nord

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By wyna 2 months ago

Jaguar Land Rover keeps pedal to the metal after lockdowns

A second successive quarter of sales growth has reinforced Jaguar Land Rover’s recovery from lockdowns during the depths of the pandemic last year.

While the 128,469 vehicle sales for the final quarter of 2020 were down 9 per cent compared with 2019, the figure was a 13.1 per cent increase on the previous quarter — itself an impressive three-month spell, in which sales increased by more than 53 per cent on the second quarter.

For the calendar year, sales were down 23.6 per cent on 2019 with 425,974 vehicles sold. Sales were heavily affected by the coronavirus outbreak, with factories forced to shut for two months in spring.

Sales in China in the final quarter were up by 20.2 per cent from the previous quarter and by 19.1 per cent year-on-year. Sales in Europe and North America were down by 16.3 per cent and 17.2 per cent, respectively, year-on-year. Electric

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By wyna 2 months ago