Earnings season. Costco Wholesale, Accenture, Carmax, Trip.com, FactSet, Vail Resorts, Smiths Group, Hella, Voltalia, Rocket Internet and Autogrill are among companies reporting their earnings today.

Ion Media acquired. Media Group The E. W. Scripps Company announced Thursday that it has completed the acquisition of Ion Media for $2.65 billion with the financial support of Berkshire Hathaway, through a reserved capital increase of 600 million.

No surprise there. Delta Air Lines is in talks with Airbus to postpone the delivery of 40 aircraft initially planned this year, according to Bloomberg. The American company will not be the only one to approach the industrialist to renegotiate its delivery schedule. These decisions will have consequences not only for the aircraft manufacturer, but also for the entire industrial ecosystem that supports it.

Manufacturers are attacking tariffs. Tesla, Mercedes (Daimler), Volvo or Ford are suing in New York for customs’ extra tariffs on China. According to AFP, they claim these customs duties, imposed on a list of products as part of the commercial arm wrestling between Washington and Beijing, are "illegal" and are demanding their cancellation and the return of the sums collected by customs.

End of investigation. According to the Wall Street Journal, JPMorgan Chase has agreed to pay a fine of about $1 billion to close the prosecution of a price manipulation case in the United States. According to the investigation, it is alleged that participants have made it a habit of placing orders in the metal futures market with the intention of cancelling them in order to manipulate prices and profit from them.

California without gasoline. California plans to ban the sale of gasoline-powered vehicles in 2035. This decision will not prevent people in the largest U.S. auto market from owning gasoline-powered vehicles or selling them on the used market. The Democratic Governor has urged other states to do the same.

A new takeover bid. Bain Capital and its allies are offering to buy Ahlstrom-Munksjö for EUR 18.10 per share (vs. EUR 14.56 at the previous day's close), in an offer unanimously recommended by the board of directors. The Finnish company is thus valued at €2.1 billion.

In other news. Gilead will pay $97 million for illegal payments to patients. Nikola is encountering difficulties in his negotiations with major energy companies, such as BP Plc, after the revelations of the short sellers. ByteDance has applied to Beijing for a technology export license. Volkswagen, with its ID.4 electric SUV, wants to gain a lasting foothold in a segment that promises to be buoyant. Johnson & Johnson is moving its Covid-19 vaccine candidate into Phase III. In Australia, Westpac Bank will pay a record fine of AUD 1.3 billion to end a money laundering procedure. PSP Swiss Property acquires three commercial properties in Geneva, raises its target. Reuters has learned from good sources that Chinese public investors are preparing to delist Brilliance China Automotive Holdings, BMW's local partner.