 | | | | Bank of America Corp Chief Executive Brian Moynihan's annual pay rose by $7.5 million in 2021, a regulatory filing showed on Friday. | | | | | | A day after Facebook owner Meta Platforms suffered the deepest loss of stock market value in history for a U.S. company, Amazon logged the greatest ever one-day increase in value. | | | | | | Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who alleged the company's Baby Powder and other talc products caused deadly cancers. The healthcare and consumer-goods giant assigned more than 30 staffers to "Project Plato." In a memo on the project in July, a company lawyer warned the team: Tell no one, not even your spouse. | | | | | | The U.S. economy created far more jobs than expected in January. | | | | | | Apple Inc is targeting a date on or near March 8 to unveil a low-cost 5G iPhone and an updated iPad, Bloomberg News reported on Friday, citing people with knowledge of the matter. | | | | | | Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who alleged the company's Baby Powder and other talc products caused deadly cancers. The healthcare and consumer-goods giant assigned more than 30 staffers to "Project Plato." In a memo on the project in July, a company lawyer warned the team: Tell no one, not even your spouse. | | | | | | U.S. President Joe Biden's nominees to the Federal Reserve's Board of Governors have completed their first official step in the confirmation process with nomination hearings before the Senate Banking Committee. | | | | | | Jerome Powell will become interim Federal Reserve chair on Saturday, ensuring continuity in leadership at the U.S. central bank while his renomination by U.S. President Joe Biden awaits Senate action. | | | | | | The International Monetary Fund said on Friday it has appointed Germany's former Bundesbank president Jens Weidmann to lead a new external panel to strengthen institutional safeguards in the wake of a data scandal involving IMF Managing Director Kristalina Georgieva during her time at the World Bank. | | | | | | Buyout firm Carlyle Group Inc is in talks to acquire CBAM Partners in a bid to grow its credit investment platform and take on peers such as Apollo Global Management Inc and Blackstone Inc , according to people familiar with the matter. | | | | | |
