Today’s Top Business News – The Los Angeles Tribune
- The deal is a bet on continued demand for metals used in the production of electric-car batteries.
- The Russia-linked hackers behind last year’s compromise of a wide swath of the U.S. government and scores of private companies have stepped up their attacks in recent months, cybersecurity experts said.
- The head of Panasonic’s battery unit said the new cell has five times the capacity of smaller previous models.
- The Australian government is financing the purchase of mobile networks in six Pacific countries, a move that foreign-policy experts say is designed to block a military rival from buying the strategically important assets.
- Gross domestic product data from the U.S. and eurozone this week will show how sharply economic growth slowed in the third quarter.
- In hot debates, employees and management spar over allegations content rules aren’t enforced for Breitbart and other right-wing publishers for fear of public blowback. Other internal documents show management expresses wariness of appearing biased. In response, Facebook says it enforces its rules equally and doesn’t consider politics in its decisions.
- U.S. officials prepare for a rapid rollout for children ages 5 to 11 once the FDA and CDC give their approval.
- A shortage of child-care workers is sending ripples across the U.S. workforce, stymieing employers as they try to hire more workers and sidelining the careers of women who would otherwise opt to remain in the labor force.
- Regulators and industry watchdogs express concern, while sports-betting companies say advertising is done responsibly.
- The pandemic-era boom in demand for Chinese goods boosted exports but made the country even more reliant on trade, leaving its economy vulnerable.