Tim Cook Received Nearly $100 Million in Compensation in 2021

The Apple executive reached his 10th anniversary in a year when the iPhone maker saw record sales and profits. 


 
Flight Cancellations Remain High, but Analysts See Relief Coming

Nearly 2,000 flights were scrubbed Thursday, marking a 12th straight day of more than 1,000 cancellations, but industry watchers say the worst might soon be over. 


 
New York Times Agrees to Purchase the Athletic

New York Times Co. said it has agreed to acquire sports-media company the Athletic for $550 million, a deal that could help the publisher expand its subscription offerings and draw in young readers 


 
GameStop Entering NFT and Cryptocurrency Markets as Part of Turnaround Plan

The retailer is launching a division dedicated to the buzzy new technologies, according to people familiar with its plans, pushing the company into much-hyped areas as it tries to turn around its core videogame business. 


 
France Fines Google, Facebook for Privacy Violations

Facebook and Google required several steps to reject cookies, leading users to accept the technology because doing so required just one click, a French regulator said. 


 
Conagra CEO Says Omicron Will Stress Food Supply Chains

Food maker says more of its employees are testing positive for Covid-19; quarterly profits fall as costs mount. 


 
Rivian CFO Says Electric-Vehicle Maker Will Prioritize Growth Over Profits

Claire McDonough is tasked with allocating billions of dollars toward expanding the company's production capacity. 


 
Chinese Authorities Cite Walmart for Cybersecurity Violations

The regulatory attention comes in the same week that the U.S. retailer was taken to task in China for its stance on products sourced from Xinjiang. 


 
Walgreens Posts Higher Sales and Profit From Covid-19 Demand

The drugstore chain logged higher sales for its latest quarter, helped by the ongoing Covid-19 vaccination campaign and strong demand for at-home tests. 


 
Lawsuit Seeks to Hold Facebook Liable in Death of Federal Security Guard

This sister of a man who allegedly was murdered by antigovernment extremists is seeking to hold Facebook's parent company liable, in the latest effort to challenge the protections given to websites hosting user-generated content.

(END) Dow Jones Newswires

01-06-22 1915ET