ORGANIZATION

Senate confirms Trump's lame-duck FCC pick Nathan Simington

The Senate has narrowly approved President Donald Trump’s lame-duck nominee to become a member of the Federal Communications Commission, setting up the agency for a stretch of partisan gridlock likely to stymie President-elect Joe Biden’s policies.

Uber sells flying taxi business to Joby Aviation

While the financial terms of the acquisition were not released, Uber will invest an additional $75 million in Joby, bringing its all-time total investment in the company to $125 million.

Nike, Michael Jordan's brand sign UCLA sponsorship deal

Under the six-year sponsorship agreement in principle, Nike will supply uniforms, footwear, apparel and equipment to 22 of UCLA's 25 varsity athletic teams, while the Jordan Brand will outfit the college's Bruins football team and men's and women's basketball programs with its "Jumpman" product.