Wall Street Journal
Commercial News
1/22/21
WSJ.com: US Business
Intel to Outsource More Production The chip maker, which is reviewing its production strategy, reported a slight drop in earnings for 2020, but sales hit a record high of $77.9 billion. Amid Housing Boom, Demand for Small Spaces Grows Too The Covid-19 pandemic sent many Americans dreaming of more space and scurrying to find it. Sales of large homes are booming, and so too are tiny ones. IBM Pledges to Return to Growth in 2021 International Business Machines expects to return to revenue growth this year after reporting a 4.6% decline in 2020 as corporate customers? focused on preserving cash during the coronavirus pandemic. Purell Maker Bets Sanitizing Habits Outlast the Pandemic Gojo Industries, the family-owned maker of Purell hand sanitizer, has added a factory and warehouse and restructured its supply chain, expecting consumers? new hygiene habits are here to stay. Want to Be a Hollywood Player? Covid and Streaming Have Changed All the Rules Movie studios have quickly embraced streaming in the pandemic, and that?s shaking up who?s in charge, how contracts are set up and how stars get paid. Biden to Sign Orders to Boost Covid Aid, Federal Benefits President Biden plans to ask agencies across the government to take steps to enhance federal benefits, such as expanding food assistance and improving the distribution of stimulus checks. Eurozone on Brink of Another Recession Amid Covid Wave The eurozone economy has suffered a weak start to the new year, with high coronavirus infection rates and government restrictions increasing the risk of a second recession since the pandemic first struck last year. |