Good morning. The Justice Department said prosecutors would take a tougher stance on companies with long rap sheets and try to enhance efforts to make sure guilty individuals are charged alongside companies.

Deputy Attorney General Lisa Monaco on Thursday said prosecutors would consider all prior wrongdoing by corporations when deciding how to resolve a new investigation. Previously, prosecutors were allowed to only review cases whose facts were similar to the claims in the latest probe.

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Corporations also won’t qualify for leniency programs unless they provide information on all employees or executives believed to have participated in crimes such as fraud or bribery, Ms. Monaco said. That notice revives a policy announced during the last years of the Obama administration that was softened during the Trump administration.

Prosecutors have sought since the 2008 financial crisis to bring enforcement actions that involve more than just financial penalties. Since big companies rarely plead guilty or suffer the consequences of a criminal conviction, prosecutors rely on other forms of punishment and tools to improve future compliance.

A national security veteran who served until recently as Uber Technologies Inc.’s chief trust and security officer has been confirmed to lead the Justice Department’s national security division.

The Senate voted 53-45 on Thursday to confirm Matthew Olsen as assistant attorney general in charge of the national security division. In the role, he will oversee sensitive cases involving terorrism, counterintelligence threats and export controls violations.

The division played a key role in the Trump administration’s approach to China, bringing cases accusing Beijing of helping to facilitate the cyber theft of valuable intellectual property and defense technology, among other forms of espionage. Biden administration officials have said they plan to continue using elements of the Trump administration’s approach.

—Dylan Tokar

Global regulators back tougher rules to prevent criminals from using crypto. Cryptocurrency firms could be forced to take greater steps to combat money laundering under new guidelines released on Thursday by the Financial Action Task Force, an international body that coordinates government policy on illicit finance.

The task force called on governments to broaden regulatory oversight of crypto firms and force more of them to take measures such as checking the identities of their customers and reporting suspicious transactions to regulators.

Representatives of the crypto industry criticized the guidelines, saying they would undermine privacy, stifle innovation or simply not work in the context of blockchain and digital-asset technology.

• Federal prosecutors charged a Minnesota man on Thursday with illegally streaming sports games from sites including Major League Baseball and then attempting to extort the league after he hacked its website.

Shell argues against activist investor’s call to split. The chief executive of Royal Dutch Shell PLC defended the energy giant’s business model on Thursday, setting up a showdown with activist investor Third Point LLC that has called for the breakup of the company to improve its environmental and financial performances.

Democrats challenge Big Oil executives over climate policy. Democratic lawmakers went on the offensive against the oil industry Thursday, challenging top executives from Exxon Mobil Corp., Chevron Corp., BP PLC and Shell on whether they genuinely supported efforts to address climate change.

• Related: Biden’s Spending Bill Includes $555 Billion for Climate Measures

Activision Blizzard chief pledges changes amid probes Into company culture. Bobby Kotick, the longtime chief executive of videogame publisher Activision Blizzard Inc., told employees Thursday he would take a pay cut and end mandatory arbitration for internal harassment and discrimination claims amid regulatory probes into the company’s culture.

Who could pay more with a 15% corporate minimum tax? Not just Amazon. Democratic lawmakers are pushing a proposal that would seek to collect more taxes from dozens of large companies such as Amazon.com Inc. that record sizable profits but report little or no tax expense.

Facebook’s name change reflects common corporate tactic. Facebook Inc. said Thursday it would change its name to Meta, in an effort to rebrand and reflect its expansion into the metaverse, a concept rooted in science-fiction novels that refers to an extensive online world.

A name change can be a signal to the market, competitors and advertisers of the broader shift in a company’s focus and portfolio, even when its namesake product keeps the same title.

The simple piece of steel and wheels holding up the global supply chain. Transportation executives wrestling with the supply-chain gridlock that is frustrating U.S. importers say the ability to clear the bottlenecks rests largely on a simple piece of steel and wheels that has long been an afterthought in global shipping.

The trucking trailers, known as chassis and used to ferry containers from dockside terminals, have grown more difficult to find at the ports of Los Angeles and Long Beach, Calif., officials said, as a flood of imports has swamped the facilities and tied up equipment needed to keep goods moving.

• Related: Prologis CEO Sees Supply-Chain Strains Extending to 2023

Some employees willing to leave jobs over vaccine mandates. Slightly under 40% of workers who are unvaccinated say they would leave their job if getting the Covid-19 vaccine was mandated by their employer or if they were required to get tested for the virus weekly, according to the results of a new survey.

Even more unvaccinated workers—seven out of 10—would leave their jobs if their employers instituted a vaccine mandate and there wasn’t an option to get tested weekly, according to results from the Kaiser Family Foundation Covid-19 Vaccine Monitor. The survey took place Oct. 14-24 and polled 1,519 adults in the U.S.

• Related: Florida Sues Biden Administration Over Covid-19 Vaccine Mandate for Federal Contractors

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