Zoom earnings roared to nearly $1 billion in 2020, and the stock is rising again 
 

Zoom Video Communications Inc.'s rip-roaring ride resumed its meteoric trajectory Monday, with shares jumping as the company detailed the results of becoming a lifeline for those stuck at home due to the COVID-19 pandemic: Booming profit and revenue.

 
Walmart Diversification Goes Into Overdrive With Goldman Hires 
 

Walmart signals it is getting serious about financial technology, even as it is expanding into online advertising and other businesses.

 
Twitter Expands Use of Enforcement System to Covid-19 Falsehoods 
 

Twitter users who repeatedly tweet coronavirus misinformation face a ban from the site under the new policy.

 
J&J Covid-19 Vaccine Shipments to States Start 
 

Trucks have set out from distribution centers, putting the first use of Johnson & Johnson's single-dose vaccine on track to begin Tuesday.

 
Greensill Capital Faces Possible Insolvency After Credit Suisse Suspends Funds 
 

The SoftBank-backed lender has hired restructuring advisers and could file for insolvency within days, people familiar with the matter said, after Credit Suisse suspended $10 billion in investment funds.

 
Exxon Adds New Board Members Amid Activist Pressure 
 

The oil giant said Jeffrey Ubben and Michael Angelakis would join its board, but Engine No. 1 plans to continue a proxy fight.

 
Tailored Brands Offered Rescue Loan Amid Declining Business 
 

Tailored Brands Inc., the parent company of apparel retailers Men's Wearhouse and Jos. A. Bank, needs a financial lifeline roughly three months after emerging from bankruptcy, as business continues to decline during the Covid-19 pandemic.

 
South Korean Battery Makers Pitch White House About Georgia Factory 
 

SK Innovation wants the Biden administration to reverse a trade ruling it lost to rival LG Chem involving a factory project seen as key to the electric-car plans of Ford and Volkswagen.

 
Streaming Business MobiTV Files for Bankruptcy With T-Mobile Financing Lined Up 
 

The Emeryville, Calif.-based software company entered chapter 11 proceedings in the U.S. Bankruptcy Court in Wilmington, Del., with total assets of $19 million and liabilities of $75 million.

 
Covid-19 Vaccine Program in U.K. Cut Deaths, Hospitalizations 
 

One dose reduced the risk of hospitalization among people over 70 years old by 80% compared with those of a similar age who weren't vaccinated, according to new real-world data from Britain.

(END) Dow Jones Newswires

March 01, 2021 17:15 ET (22:15 GMT)