Democrats Shrink Eligibility for Aid As Bill Heads for Vote
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P2JW063000-6-A00100-17FFFF5178F ****** THURSDAY,MARCH 4, 2021 ~VOL. CCLXXVII NO.51 WSJ.com HHHH $4.00 DJIA 31270.09 g 121.43 0.4% NASDAQ 12997.75 g 2.7% STOXX 600 413.42 À 0.05% 10-YR. TREAS. g 16/32 , yield 1.469% OIL $61.28 À $1.53 GOLD $1,715.30 g $17.80 EURO $1.2063 YEN 107.02 At Least38Die in Myanmar Protests as ViolenceIntensifies Google What’s News To Stop Ad Sales Business&Finance Via User oogle plans to stop sell- Ging ads based on indi- viduals’ browsing across Browsing multiple websites,achange that could hasten upheaval in the digital-ad industry. A1 Citing privacy concerns, The NFL is on the verge companysaysitwon’t of signing new rights deals track individuals’ paths that could see Amazon carry manygames exclusively and acrossmultiple sites TV networks payasmuch as double their current rate. A1 BY SAM SCHECHNER LasVegas Sands agreed AND KEACH HAGEY to sell its Las Vegas prop- erties to Apollo and a real- Google plans to stop selling estate investment trust for GES ads based on individuals’ about $6.25 billion. A1 IMA browsing acrossmultiple web- sites,achangethat could has- Greensill plans to file forin- GETTY tenupheavalinthe digital ad- solvencyinthe U.K. this week, SE/ vertising industry. as it simultaneously moves TheAlphabet Inc.company toward adeal to sell itsop- said Wednesdaythat it plans erating businesstoApollo. B1 ANCE-PRES FR next year to stop using or in- TheNasdaq slid 2.7%, vesting in tracking technologies ENCE while the S&P 500 and Dow AG that uniquely identifyweb us- lost 1.3% and 0.4%, respec- TAKING COVER: Protesters run during a demonstration against Myanmar’s military rulers in Yangon on Wednesday. ersasthey movefromsiteto tively.Government-bond Around the country, at least 38 people were killed, making it the deadliest day since the coup on Feb. 1. A11 siteacrossthe internet. yields ticked higher. B11 Thedecision, coming from theworld’sbiggest digital-ad- Exxon says the time has vertising company, could help come to turn capturing car- push theindustryaway from bon emissions intoareal busi- theuse of such individualized ness, as it faces pressureto Democrats Shrink Eligibility tracking,which has come under become agreener company. B1 increasing criticism from pri- Former Disneyexecutive vacy advocates and faces scru- Kevin Mayer was named tinyfromregulators. chairman of sports-stream- For Aid as Bill Heads for Vote Google’sheftmeans the ing platform DAZN. B1 changecould reshape the digi- taladbusiness, wheremany The CEO of Stellantis companies rely on tracking in- said he is open to drop- WASHINGTON—Senate to passthe bill. While some Democratic sen- JenPsaki said Mr.Biden is dividuals to target their ads, ping the Cherokee name Democratsagreed to narrow el- As negotiations wrapped up atorsgrumbled about the late “comfortable and knows there measuretheir effectivenessand from Jeep vehicles. B3 igibility forsome of the direct ahead of Senatevotes to begin changes,they coalesced around will be tweaks at the margin.” stop fraud. Google accounted Okta agreed to buy as early as Thursday, the the sprawling package, saying Thebiggest changetofor52% of last year’s global Auth0, a software provider By Kristina Peterson, WhiteHouse signaled itssup- itsbenefitsoutweighed the de- emerge Wednesdaywould digital ad spending of $292 bil- that helps businesses man- Andrew Duehren port for the nearly completed tails being haggled over shrink the $1,400 direct lion, according to JounceMe- age customers online, for and Richard Rubin package, which will likely need Wednesday. SenateMajority checks to zero morequickly dia, adigital-ad consulting $6.5 billion in stock. B5 backing of all 50 members of Leader Chuck Schumer (D., N.Y.) forindividuals making more firm. paymentsthat arepart of Pres- the Democratic caucus. Party described the overall packageas than $75,000 and married cou- About 40% of the money that Michaels Cos. is going ident Biden’sproposed $1.9tril- leaders resisted another push “the single largest antipoverty PleaseturntopageA2 flowsfromadvertisers to pub- private in a leveraged buy- lion Covid-19 relief package, a by centrists, to reducethe size bill in recent history,” citing its lishersonthe open internet— out by Apollo that values the concession Wednesdaytocen- of weekly federal unemploy- help forstruggling families. House scraps Thursdaysession meaningthe part of digital ad- companyat$3.3billion. B6 tristswhose support is needed ment benefits in the bill. WhiteHouse presssecretary over security concerns......... A6 PleaseturntopageA4 World-Wide NFL Eyes Rocket Gets a Lift on Reddit TheBillionaire’s Senate Democrats Shares of Rocket Cos., the parent of Quicken Loans, surged agreed to narrow eligibility since the end of last week, as individual investors that forsome of the direct pay- Exclusive powered GameStop’s meteoric rise turned to a new target. B1 mentsthat arepart of Bi- TaxFraud Case den’sproposed Covid-19 re- Share-priceand Rocket’s trading volume, lief package, aconcession to Gameson indexperformance daily centristswhose support is 100% 350 needed to passthe bill. A1 His claim of dementia could save him House Democratspassed Amazonin Rocket 300 legislation to expand voter participation and curb the Wedneday’s BY MIRIAM GOTTFRIED der confidential terms. close, $28.01 AND MARK MAREMONT Although the salesmen role of big campaign donors, Rich Pact 250 +41.5% since didn’t realize it at the time, over the objections of Re- BY JOE FLINT Feb. 24 More than 20 years ago, a they had stumbled onto publicans. Thebill’sfateiN 200 group of former salesmen early signs of what the gov- the Senateisuncertain. A4 50 House leaders canceled TheNational Football for Houston software entre- ernment later called the League is on the vergeofsign- 150 preneur Robert Brockman largest criminal case ever Thursday’s legislative ses- ing newrightsdeals with me- sued their old boss, claiming brought against a person ac- sion after police officials dia partnersthat could see in court that he had de- cused of evading U.S. taxes. warned of a possible plot 100 Amazon.com Inc. carry many prived them of commissions Federal prosecutors in Octo- by a militia group to again games exclusively and TV net- by directing a portion of cus- ber charged Mr. Brockman storm the Capitol. A6 works pay as much as double 50 tomer payments to a Cayman with using a web of offshore Some of the biggest U.S. theircurrent rate,people fa- S&P500 Islands entity. entities to conceal about $2 retail, theater,hotel and res- miliar with the matter said. 0 0 Mr. Brockman twice ap- billion in income from the taurant chains saythey will Newagreementscould be in Feb. 25 26 March 2 3 Feb. 25 26 March 2 3 pealed to the Texas Supreme Internal Revenue Service. continue mandating masks placeasearly as next week, 24 1 24 1 Court as he tried to avoid Mr. Brockman has pleaded and limiting capacity in the people said. Thetelevision Source:Factset answering questions about not guilty to 39 criminal Texas afterthe statedrops deals for the league’s Sunday the offshore entity, and he counts, including tax eva- Covid-related restrictions. A3 andMondayfranchises with settled the case in 2001 un- PleaseturntopageA12 An ethics probe of former Fox, CBS,NBC and ESPN are Transportation SecretaryChao likely to ruN for as long as 11 wasreferred to the Justice years, they said. The Best Place ESPN’sdeal would go into INSIDE Department but wasclosed Sands Strikes Deal effect afterthe 2021-22season when it declined to investi- gate,areport by the DOT’s while the Fox, CBS and NBC ForCovid? agreementswould kick in after inspector general said. A3 the 2022-23 season. In aMuseum To Exit Las Vegas NewYork Gov.Cuomo Adeal with Amazon would apologized over sexual-ha- result in asignificant number iii rassment accusations made of Thursdaynight games exclu- BY DAVE SEBASTIAN panywould continue to invest against him but rebuffed sively on itsPrime Video plat- Curators collect in itsSingaporeand Macau ca- calls forhis resignation. A3 form and represent the league’s LasVegas Sands Corp. sinos,which generatemost of deepest forayintostreaming, agreed to sell itsLas Vegas the company’srevenue. At least 38 people in virus-shaped some of the people said. Those properties to Apollo Global “Asweannouncethe sale of U.S. NEWS Myanmar were killed as the country’snew militaryrul- games wouldn’t be available on piñata, masks Management Inc.and areal- the Venetian Resort, we pay NewYork’s Gov. erscontinued alethal cam- traditionaltelevision outside of estate investment trust for tributetoMr. Adelson’slegacy Cuomo apologized but the local marketsofthe two BY SCOTT CALVERT about $6.25 billion as the ca- while starting anew chapter in paign to quell protests. A11 teams playing,they said. sino operator exitsthe U.S. this company’shistory,” Chief said he won’tresign TheICC prosecutor said Amazon has become an ag- In South Florida, the pan- gambling hub to focus on its ExecutiveOfficer Robert Gold- overallegedsex- she is opening an investiga- gressivebidder forsportsrights demic is already history. core Asia operations. stein said Wednesday. “Asia re- harassment. A3 tion intopossible warcrimes hereand abroad. Thecompany On displayatHistoryMiami Sands’ sale of the Venetian mains the backbone of this committedinthe Palestinian already has arelationship with Museum in downtown Miami Resortand itsconvention cen- company, and our develop- territories since2014. A11 the NFL as it has held stream- areafirst-grader’s virtual tercomes as the Covid-19 pan- mentsinMacau and Singapore ingrightsfor Thursdaynight homework log with Zoom links; demic has roiled the casino in- arethe center of our attention.” CONTENTS Opinion.............. A17-19 football since2017. Those ahigh school mortarboard dustrywith temporary Sands plans to keep its Arts in Review... A15 Personal Journal A13-14 BusinessNewsB3,5-6 Sports........................ A16 games have also been televised marked “I survived Quarantine shutdowns,reduced travel and headquartersiNlas Vegas, a Capital Account.... A2 Technology............... B4 by the league-owned NFL Net- and Graduation”;and ablack limitedoccupancies.Hopes for spokesman said.