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Senate Vote on Trump Trial Signals an Acquittal Is Likely

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P2JW027000-6-A00100-17FFFF5178F ****** WEDNESDAY,JANUARY27, 2021 ~VOL. CCLXXVII NO.21 WSJ.com HHHH $4.00 DJIA 30937.04 g 22.96 0.1% NASDAQ 13626.06 g 0.1% STOXX 600 407.70 À 0.6% 10-YR. TREAS. unch , yield 1.039% OIL $52.61 g $0.16 GOLD $1,850.70 g $4.20 EURO $1.2162 YEN 103.62 In India, Farmers’ Protest Over New Law Turns Violent Microsoft What’s News SalesRise 17%Amid Business&Finance Covid-19 icrosoftposted record Mquarterly sales under- pinned by pandemic-fueled Pandemic demand forvideogaming and accelerated adoption of itscloud-computing services Demand for cloud during the health crisis. A1 services, videogaming Walgreens Bootsnamed Starbucks operating chief fuels earnings during Rosalind Brewerasits next work-from-home era CEO,making her the only Black woman leading a BY AARON TILLEY Fortune 500 company. A1 CK J&J said it expectstore- TO MicrosoftCorp. posted re- port pivotal resultsofalarge cord quarterly sales under- clinical trial of itsCovid-19 SHUTTERS pinned by pandemic-fueled de- vaccine by early next week, A/ mand forvideogaming and as the companyposted im- I/EP accelerated adoption of its AG proved quarterly sales. B1 TY cloud-computing services dur- ing the health crisis. GE booked $4.4billion Theremote-work erahas in fourth-quarter cash HARISH STREET CLASH: Indian farmers clash with police in New Delhi on Tuesday after breaking through barriers to escape po- been a boon for Microsoft. In flow,beating itsown pro- lice-approved routes for a tractor rally that coincided with a military parade celebrating India’s Republic Day. A16 addition to itsvideogaming jection and ending 2020 and cloud-computing prod- without burning cash, a ucts, the companyhas notched year ahead of schedule. B1 strong sales of itsSurfacelap- Goldman slashed CEO tops as people bought devices Solomon’s2020 payby to facilitateworking from 36%, punishment forthe Senate Vote on Trump Trial home and distancelearning. bank’sadmission last year The use of Microsoft’s Teams that it brokeU.S.lawsiN workplace-collaboration soft- itsdealingswith 1MDB. B1 ware,which has been aprior- ity forChief ExecutiveSatya PepsiCo plans ajoint ven- Signals an Acquittal Is Likely Nadella, has jumped during turewith imitation-meat the pandemic with itsoffering maker Beyond Meat to de- of such services as text chat velop snacks and drinks made BY SIOBHAN HUGHES Paul (R., Ky.) on his point of or- SasseofNebraska, Susan Col- tifythe election victoryof and videoconferencing. from plant-based protein. B1 AND lINDSAY WISE der arguing that the planned lins of Maine,Lisa Murkowski President Biden, aDemocrat. A “What we have witnessed U.S. stocks fell,with the trial of anow-privatecitizen of Alaska and PatToomey of conviction would allowfor a over the past year is the dawn S&P 500 retreating 0.2% WASHINGTON—Nearly all violates the Constitution. Some Pennsylvania. subsequent, simple majority of asecond wave of digital and the Dowand Nasdaq Republicansenatorsquestioned cautioned, however, that their Seventeen Republicans vote to bar Mr.Trump from transformation sweeping ev- both slipping 0.1%. B13 the Senate’sauthority to hold vote Tuesdaydidn’t necessarily would have to join the Demo- holding officeagain. erycompanyand everyindus- an impeachment trial forafor- dictatehow they would vote at cratstoreach the two-thirds Mr.Paul said the roll call try,” Mr.Nadella said Tuesday. Warner Music is close mer president, dealing ablow the end of trial. supermajority required to con- showedthat therearen’t Thesoftware giant said fis- to agreeing to buy a mi- to Democrats’ chances of con- Theproposal wastabled, or vict Mr.Trump. enough Republican senators calsecond-quarter net income nority stake in Saudi bil- victing Donald Trump of incit- killed, in a55-45 vote that TheRepublican former pres- PleaseturntopageA4 rose morethan 30% to $15.5 lionaire Prince al-Waleed ing an attack on the Capitol. clearsthe way forthe trial to ident wasimpeached by the billion. Sales advanced 17% to bin Talal’sRotana Music. B1 Forty-fiveRepublicans,in- moveforwardintwo weeks.All House on allegations of inciting FBI’s riot investigation shifts $43.1 billion. Those figures Private-equity giant cludingSen. Mitch McConnell 50 lawmakersinthe Demo- the mob that stormed the Capi- gears............................................... A5 beat Wall Street’sexpectations Blackstone agreed to pur- of Kentucky, the chamber’s GOP cratic caucus joined GOP Sens. tolonJan. 6, as Congresswas U.S. Capitol Police knew of of net income of $12.6 billion chase Allstate Life Insur- leader,sided with Sen. Rand MittRomney of Utah, Ben holding ajoint session to cer- potential for violence............ A5 PleaseturntopageA6 ance Co. from Allstate Corp. for $2.8 billion. B12 INSIDE World-Wide Biden StepsUpGoal Walgreens Poaches Nearly all Republican senators questioned the ForVaccine Supply Starbucks No. 2 Senate’s authority to hold an impeachment trial for a WASHINGTON—TheBiden be delivered over the summer. former president, dealing administration said it would Thepurchases will provide As Its New CEO a blow to Democrats’ boost the supply of coronavi- enough supply to vaccinate300 chances of convicting rus vaccines sent to states by million Americans in atwo- Trump of inciting an at- about16% forthe next three dose regimen over the summer. Rosalind Brewer becomes only Black woman tack on the U.S. Capitol. A1 Thevaccine isn’t approved for currently leading aFortune 500 company TheCapitol Police knew By Stephanie Armour, people under 16 yearsold. beforethe Jan. 6rally by Sabrina Siddiqui “Wenow have anational BY DANA MATTIOLI executivechairman. Trump supportersthat the and Andrew Restuccia strategytobeat Covid-19,” CK AND CARA lOMBARDO Shares of Walgreens,which event could turn violent, President Biden, a Democrat, TO has amarket value of about IS but the department didn’t weeks and would purchase said Tuesday. “It’scomprehen- Walgreens BootsAlliance $43 billion, rose 8% afterhours sufficiently prepare, the enough additional doses to sive. It’sbased on science, not PERSONAL JOURNAL Inc.named Starbucks Corp. afterThe Wall Street Journal acting policechief said. A5 vaccinatemost of the U.S. politics.It’sbased on truth, Stir-crazy families operating chief Rosalind firstreported the move. population with atwo-dose not denial. And it is detailed.” Brewerasits next chief execu- Starbucks said Tuesdaythat TheBiden administration book quarantine regimen by the end of the He nonethelessurged the tive, making her the only Black Ms.Brewer, itschief operating said it would boost the sup- summer. public to remain vigilant, re- getaways to beat the woman leading aFortune 500 officer and group president, ply of coronavirus vaccines Senior administration offi- ferring to the fight against the winterblues. A9 company. wasleaving both the company sent to states by about 16% forthe next three weeks cials said the federal govern- pandemic as “a wartime un- Ms. Brewer will succeed and boardofStarbucks.Before ment is working to purchase an dertaking.” Stefano Pessina,who said in joining the coffeehouse chain, and would buy enough ad- additional 100 million doses “The brutal truth is,it’sgo- BUSINESS&FINANCE July that he would step down Ms.Brewerwas CEO of Wal- ditional doses to vaccinate each of the Pfizer Inc.and PleaseturntopageA6 as CEO once the drugstore mart Inc.’sSams Club division most of the U.S. population PepsiCo, Beyond Meat with atwo-dose regimen by Moderna Inc.vaccines,increas- to develop snacksand companyfound anew leader. forfiveyears. ing the totalU.S.vaccine order Democrats weigh steps to Mr.Pessina, one of Wal- The retail veteraN joined the end of the summer. A1 by 50% to 600 million from enact virus relief plan.......... A4 drinksmade from greens’sbiggest individual in- Starbucks and itsboardiN TheWhiteHouse said 400 million. Officials said they Regeneron is hopeful on plant-based protein. B1 vestors, will stay on the com- 2017. She helped shiftStar- BideN held a call with Rus- expect the additional doses to antibody drug............................ A6 pany’sboardand serveas PleaseturntopageA6 sia’sPutin in which the U.S. president raised concerns about arangeofissues. A16 When Life Thepresident is ex- Playbook forVirus pected to issue an execu- Gives You Salesforce. tiveorder that would sus- pend newoil and gas Protection Evolves leasing on federal land. A4 200 Lemons... #1 CRM. Afederal judge in Texas iii temporarily blocked the Bi- Consensus builds around masks, air filters den administration’s100-day Novices who Ranked #1 for CRM Applications basedon pause on deportations. A3 and rapid tests as new variants emerge IDC 2020H1 Revenue Market ShareWorldwide. 19.8% The Senate confirmed overbuy groceries Scientistsare settling on a morethan 50% of infections AntonyBlinken as secre- tary of stateina78-22 road map that canhelp critical aretransmittedbypeople online get creative vote,filling the post of sectorsofthe economysafely without symptoms. conduct business, from meat- Theplaybook comes after BY lUCY CRAYMER topU.S.diplomat. A2 packing plantstofinancial ser- months of investigations on Italian Prime Minister vices,despitethe pandemic’s howthe coronavirus spreads SarahGalaskohas sprinkled Conteresigned, ushering in continued spread. and affectsthe body.Scien- paprika on her roast potatoes, a phase of political insta- tistscombined that with used it as agarnish on baba bility in the country. A16 By Daniela Hernandez, knowledgegained from years ganoush and added it to Sarah Toy of experiencemanaging occu- chicken. She
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