January 20, 2021

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Richard Branson’s Virgin Orbit, with a rocket under the wing of a modified Boeing 747 jetliner, takes off for a key drop test of its high-altitude launch system for satellites from Mojave, California, July 10, 2019.

Mike Blake | Reuters

Virgin Orbit, the rocket company founded by billionaire Richard Branson, successfully put its first satellites into space using its novel air launch system.

The California-headquartered company said that 10 mini-satellites had been carried into space by the same rocket, which was launched from the wing of an old Boeing 747 jumbo jet as it flew over the Pacific Ocean.

The

BEIJING—China’s economy expanded by 2.3% in 2020, roaring back from a historic contraction in the early months of the year to become the only major world economy to grow in what was a pandemic-ravaged year.

China’s ability to expand, even as the world struggled to control a deadly virus that has killed more than two million people, underscores the country’s success in largely taming the coronavirus within its borders and further cements its place as the dominant economy in Asia.

China’s growth makes it an outlier among large economies. The World Bank expects the U.S. economy to contract by

In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those people have shaped their perspective and helped them succeed. Previous installments from the series are here.

As a young Ph.D. student, Erika James wasn’t sure she wanted to work in academia. Three decades later, she sits atop one of the nation’s most prestigious business schools.

In 2020 Dr. James became dean of the Wharton School at the University of Pennsylvania, becoming the first woman and person of color to hold that post in Wharton’s 140-year history.

“What’s salient for

A health worker shows a dose of China’s Sinopharm Covid-19 vaccine at a vaccination center in the Jordanian capital Amman on January 13, 2021.

Khalil Mazraawi | AFP | Getty Images

BEIJING — Sinopharm, a state-owned giant in China’s coronavirus vaccine development, announced its chairman left the board Tuesday.

The company cited personal reasons for Li Zhiming’s resignation, according to a filing for the Hong Kong-listed company. Li Hui, a director and audit committee member of Sinopharm subsidiary China National Medicines Corp. also resigned Tuesday due to personal reasons, a separate filing disclosed.

In late December, Chinese authorities approved

Twitter Inc. Chief Executive Jack Dorsey defended the company’s decision to ban President Trump’s personal account, but expressed concern about the risks of companies’ having too much power over public discussion.

In a series of tweets late Wednesday, Mr. Dorsey said that the usual check on any one platform’s content regulation is that people can go elsewhere. “This concept was challenged last week when a number of foundational internet-tool providers also decided not to host what they found dangerous,” he wrote. While the actions might be justified in the current moment, he added, “over the long term it will

Warren Buffett-backed BYD’s Han luxury sedan top 10 electric cars sold in China

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Steris PLC is in talks to combine with Cantel Medical Corp. , according to people familiar with the matter, in a deal that would bring together two big providers of sterilization products.

The companies are discussing a mostly stock deal that could be completed as soon as Tuesday, assuming talks don’t fall apart, the people said.

Cantel has a market value of around $3.5 billion, while Steris’s is around $17.3 billion.

Dublin-based Steris, which has a U.S. presence in Mentor, Ohio, sells sterilization equipment, surgical tables, and other products and services used in hospitals and laboratories.

Little Falls, N.J.-based Cantel

Apple Inc. and Amazon.com Inc. halted support for Parler, dealing a major blow to a social-media service that has soared in popularity among conservatives and escalating a campaign by tech giants to regulate content they see as dangerous in the wake of the mob attack on the U.S. Capitol.

Amazon said Saturday it would no longer provide cloud-computing services to Parler, and Apple suspended the company’s app from the App Store. Both companies said Parler hasn’t demonstrated in recent conversations that it can adequately address threats of violence on the platform.

“We have always supported diverse points of view