- China surpasses U.S. as largest recipient of foreign direct investment during Covid pandemic (CNBC) – Overall, the UN report found that foreign direct investment tanked globally, as the Covid-19 pandemic brought countries large and small to virtual stand-stills.
- Foreign companies are giving up on the United States and betting big on China, report says (CNN) – 2020 marked the first year in history that foreign direct investment (FDI) in China overtook that of the US, according to the UN. FDI has also skyrocketed in India.
- Despite COVID-19, Amazon requests in-person unionizing vote for ‘valid, fair and successful election’ (USA Today) Amazon is asking the National Labor Relations Board (NLRB) to direct warehouse workers to cast unionizing votes in-person, rather than by mail.
- Wall Street analysts expect Apple to set a new milestone by topping $100 billion in holiday quarter sales (Business Insider) The consensus estimate is $102.76 billion in sales for the quarter ended December 31, with $110 billion as the highest estimate.
