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The auto maker will close all three of its factories in Brazil, eliminating about 5,000 jobs, as part of a broader turnaround effort under new Chief Executive Officer Jim Farley.

The economy is poised for a boom in 2021 after a December setback.

Jan. 7, 2021 8:46 pm ET In the wake of the riot at the Capitol, companies moved to cut ties with President Trump and his supporters and fired workers who participated. Facebook Inc. banned Mr. Trump indefinitely and Canada-based Shopify Inc. closed online stores associated with Mr. Trump’s campaign and businesses. Publisher Simon & Schuster said it would drop a coming book by Sen. Josh Hawley, a key backer of Mr. Trump’s election claims. Dozens more executives and trade groups denounced the takeover of the Capitol and called for the removal of the president. A...

Jan. 8, 2021 8:22 am ET A bottleneck at the National Archives is delaying benefits claims for 32,000 military veterans, according to the Department of Veterans Affairs. The Covid-19 pandemic shut the National Personnel Records Center, a unit of the Archives, for months last year except for emergency requests. After briefly operating at low capacity, it once again closed in the fall for all but emergency requests. A veteran’s record may need certification by the Archives as one of the first steps in the benefits process. Veterans who left the service after 2000 likely have digitized ...

also mitt romney's preemptive strike on jobs, the republican unveils his plan days before the president's big speech. this hour political leaders zeroizer zeroing in on issue number one. do any have a plan that will really work? and texas wildfires destroying more than 700 homes in 48 hours. a massive blaze growing closer to the state's capital is growing bigger and more destructive every minute. i'm wolf blitzer. you're in "the situation room." i've covered dick cheney for many years as a defense secretary and certainly as vice president of the united states. today i found him t...