Money and investing stories popular with MarketWatch readers over the past week.
: Despite tech layoffs, California and Silicon Valley added jobs at end of 2022
California and Silicon Valley saw net gains in jobs in December, even as tech companies based in the state announce thousands of layoffs.
The Wall Street Journal: Abbott facing criminal investigation over baby-formula plant operations
The Justice Department is investigating conduct at the Abbott Laboratories infant-formula plant in Sturgis, Mich., that led to its shutdown last year and worsened a nationwide formula shortage, people familiar with the matter said.
: Mansion destroyed by fire last year and listed on Zillow was off the market within a week
The real-estate sector is still red hot, as one recent listing proves.
: Joe Burrow and Khris Middleton are among the athletes investing in corn instead of crypto
Joe Burrow, Blake Griffin and other top-flight professional athletes have purchased a corn and soy farm in Iowa.
: Elon Musk takes the stand as battle lines drawn in trial over Tesla tweets
Tesla Inc. Chief Executive Elon Musk took the witness stand late Friday in a federal trial in San Francisco over alleged investor losses caused by his “funding secured” and other tweets relating to taking the EV maker private back in 2018.
MarketWatch First Take: Big Tech layoffs are not as big as they appear at first glance
The layoffs announced in recent weeks by Big Tech companies like Google and Microsoft are unlikely to cause huge issues at the companies or in the economy.
Personal Finance Daily: U.S. existing-home sales fall for the eleventh straight month in December and the end of Amazon’s charity donation program ‘could not come at a worse time’ for nonprofits
Friday’s top personal finance stories.
The Margin: Does Dallas Cowboys kicker Brett Maher have the yips? Here’s how people can overcome the problem
Cowboys kicker Brett Maher missed four extra-point attempts in a recent playoff game, leading some to speculate he was a victim of the yips.
The Wall Street Journal: GM and LG scrap plans to partner on fourth U.S. battery factory
A U.S. battery-cell factory that had been in the works between General Motors Co. and LG Energy Solution has been shelved indefinitely, people familiar with the matter said.