The New Paper

June 11, 2021

The New Paper Weekly Recap: Business

  • G7 finance ministers agreed to a global minimum corporate tax rate (6/7)
  • Facebook announced that former President Trump’s suspension will remain in place for two years (6/7)
  • Google agreed to pay a $267M fine (6/7)
  • Apple kicked off its annual Worldwide Developers Conference (WWDC) (6/8)
  • Lordstown Motors disclosed that it does not have enough cash to begin commercial-scale production (6/9)
  • Nubank raised $750M at a $30B valuation (6/9)
  • TC Energy confirmed plans to terminate the Keystone XL Pipeline (6/10)
  • JBS confirmed that it paid an $11M ransom (6/10)
  • Didi Chuxing filed to go public (6/11)
  • Microsoft announced a series of new gaming-related features (6/11)
This story is from the June 11, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.