Biden’s team is weighing who will fill senior roles in the White House and across the government, say people familiar with the matter. President Trump hasn’t conceded.
U.S. companies have trounced expectations this earnings season, potentially laying the foundation for the next leg of the market’s rally, which has been led by tech companies including Apple.27
Evidence is growing that many organizations took advantage of the Paycheck Protection Program’s open-door design, according to government officials and public data, after Congress set limited criteria for loan recipients.173
Restaurant chains are setting long-term plans to keep dining rooms open whenever and wherever possible as the pandemic shows no sign of relenting.155
UNC Chapel Hill will defend its consideration of race in undergraduate admissions against a suit by a group backed by a conservative activist that alleges the school gives too much preference to Black and Hispanic applicants.
Alex Trebek, the Canadian-American quizmaster who stumped generations of trivia fanatics as host of the long-running syndicated game show “Jeopardy!,” died Sunday morning. He was 80 years old.49
Latest Updates
New cases rose by 127,399, bringing Saturday’s cumulative total to 9.86 million, according to data compiled by Johns Hopkins University.
The Outlook
Bank lending is rising at a record pace thanks to no-interest loans for Japanese small businesses that are backed by a public guarantee.
Business and Finance
WSJ News Exclusive
The activist investor has taken a stake in F5 Networks and spoken to the software company’s management in recent weeks about ways to boost its lagging stock, according to people familiar with the matter.
The company is launching a streaming TV channel, built around its social-media brand QuickTake, which will go beyond Bloomberg’s core areas of finance and markets, with greater focus on general-interest and lifestyle news.
Why “thematic” funds can disappoint, and how investors can play them better.2
The co-founder of Quartz and its editor in chief agreed to buy the business news website from Japanese financial data and media company Uzabase, a deal that comes as Quartz has suffered from the economic fallout from the coronavirus pandemic.
Businesses are squeezing “microfulfillment” centers into urban warehouses and the backs of stores, hoping to pare delivery times so online orders reach their destinations in hours, not days.5
World
Azerbaijan and Armenia made conflicting claims over the fate of a strategic city in the disputed territory of Nagorno-Karabakh.
An U.S. citizen facing prosecution related to his participation in pro-democracy protests in Hong Kong said he was turned away after seeking protection at the U.S. consulate in the city.2
Turkey’s President Recep Tayyip Erdogan dismissed the governor of the central bank, and the country’s finance minister announced his resignation, in a surprise weekend shake-up.
Life & Arts
The flaming-hot connected-fitness company, which recently posted its first profit, is building out its fashion team in a bid to become a “lifestyle brand.”23
Weekend Reads
The Silicon Valley pioneer long held it had to build its flagship chips, the brains of computers, in its own factories. Then it hit the wall with a new generation and is considering outsourcing—a milestone in the story of America’s losing its manufacturing primacy.158
Meet the pros businesses and other organizations are turning to so employees stay engaged from afar during the pandemic.6
Video
Joe Biden Wins 2020 Presidential Election; Watch His Road to Victory
9:13
Biden, Harris Speak to the Nation After Winning 2020 Election
5:00
‘Jeopardy!’ Host Alex Trebek Dies at 80
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