Target Pulls Magnet Kit Misidentifying Black Leaders 

A Las Vegas history teacher pointed out the product's errors in a viral TikTok video.

Citi's Big Turnaround Hinges on This Lagging Business 

The collapse of the wealth-management business is one reason why Citi's stock is stuck in a deep slump and CEO Jane Fraser is under pressure to boost profits.

Goldman Shakes Up Management Committee 

Goldman Sachs is making changes to its management committee, the latest sign of the power dynamics at the Wall Street firm.

Jeff Bezos Filed Plan to Sell Up to $8.6 Billion of Amazon Stock 

Retail and cloud firm Amazon disclosed that founder Jeff Bezos adopted a plan to sell up to 50 million shares through January 2025.

Joe Rogan Gets New Spotify Deal Worth Up to $250 Million 

Rogan's hit show is set to be distributed broadly, including on YouTube, rather than exclusively on Spotify.

U.S. auto sales softened in January 

The drop was larger than expected.

Tesla Recalls Millions of Vehicles Over Latest Safety Flaw 

The affected vehicles will receive an over-the-air software remedy, Tesla said, the latest in a series of setbacks to hit the automaker.

Ford Sales Show EVs Are Struggling While Hybrids Thrive 

Ford sold 152,617 vehicles in January in the U.S. That isn't bad. Battery-electric vehicle sales, however, were weak.

Oil Profits Keep Flowing for Exxon and Chevron 

U.S. giants join Shell in posting strong earnings, but face an uncertain outlook as countries vow to phase out fossil fuels.

Evergrande's Collapse Followed Backroom Battle Between Wall Street and Chinese Banks 

A group of investors opposed a restructuring plan they felt would have advantaged Chinese banks over themselves, people familiar with the matter said.

(END) Dow Jones Newswires

02-04-24 2115ET