Ford equities shrugged off the semiconductor shortage in 2021, soaring 140% and outperforming other automakers, including Tesla, reports CNBC. The almost-120-year-old automaker hit a market cap of USD 83 bn, making 2021 “the most important year for the company since the financial crisis” according to a Morgan Stanley analyst. The solid performance and strategic importance comes partially because of the change-up in its leadership that saw auto veteran Jim Farley take over as the company’s CEO 15 months ago. Under Farley’s leadership, the company launched the Ford+ restructuring plan, which shifted resources to developing the company’s EVs. As the semiconductor chip shortage took hold last year and hit the automotive industry hard, Ford signed a non-binding agreement in November with the US-based semiconductor maker GlobalFoundries to collaborate on providing chips for the automaker.

Omicron’s potential next victim: The Grammys, which could be postponed as the new strain leads covid cases to spiral in the US, sources told the Wall Street Journal. No decisions have yet been made, but there is a conversation on how to move forward with the award show, according to the sources. The Grammys are scheduled to take place on 31 January at Crypto.com Arena — previously known as the Staples Center — in Los Angeles. This would be the second year the award show was forced to stray away from the norm, last year postponing the event to mid-March and moving it to the Los Angeles Convention Center to allow for more spacing out between guests.

The private library of late Supreme Court Justice Ruth Bader Ginsburg (RBG) will be on auction this month, with over 1k books up for grabs, according to Bloomberg. The auction will run from 19-27 January at Bonhams and includes books on everything from law and politics to detective novels. The collection also has a number of books signed by the likes of Jane Goodall, Al Gore, and Toni Morrison. The low estimate for the entire sale is USD 60k, but is expected to go for much more as they are currently priced only as books and not as collectibles, said Catherine Williamson, director of fine books and manuscripts at Bonhams. RBG died in September 2020 after a lifetime of pushing landmark work on women’s rights.

Saudi Prince Fahad Bin Sultan is facing a lawsuit from Credit Suisse for allegedly failing to repay some USD 78 mn in interest and loans to refinance his USD 65.5 mn, 82-meter Cayman Islands-registered yacht and a UK mansion property valued at USD 47 mn in 2019, Bloomberg reports. In the London lawsuit filed in November, the Swiss bank said two offshore companies defaulted on a pair of loans — for which Bin Sultan is the guarantor — provided for refinancing the purchases. His lawyers are yet to file defense papers, Bloomberg notes.

Never mind that Nevermind lawsuit: The baby in Nirvana’s Nevermind album cover won’t be getting any candy from the band, after a lawsuit over the cover was dismissed by a court in California today, according to BBC. Nirvana’s famous artwork for their album Nevermind featured the now-30-year-old Spencer Elden, who last year filed a lawsuit against the band saying the image constituted child [redacted] abuse. Elden also claimed that the infamous picture caused him “extreme and permanent emotional distress,” as well as loss of wages. The lawsuit is widely seen as Elden’s attempt to extend his 15 minutes of fame, considering he spent his life celebrating his presence on the album cover, often charging to pose for similar pictures and getting a large “Nevermind” tattoo on his chest, the BBC writes.