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Business news roundup

The use of telework and automation brought on by COVID-19 is altering the economy, Federal Reserve Chairman Jerome Powell said.  CNN BUSINESS >

A research team at Deutsche Bank has suggested that remote workers after the pandemic pay a 5% tax to subsidize income lost by lower-income earners. CNBC >

Small businesses are concerned about the high price of advertising with Google.  AP>

U.S. businesses are fighting insurers in the biggest legal battle of the pandemic. BLOOMBERG BUSINESSWEEK >


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A number to know: A new factory

$700 million The amount Ford is spending on a new factory to build electric and hybrid electric pickup trucks. READ MORE AT THE VERGE >