Some of Thursday’s top business news stories:
Associated Press
Australia passes law to make Google, Facebook pay for news, by Rod McGuirck
Biden orders a review of US supply chains for vital goods, by Josh Boak, Tom Krisher
CNN
GameStop shares surge more than 100%, by Clare Duffy
America’s unemployment problem is much worse than it seems, by Anneken Tappe
The Wall Street Journal
Verizon Spends $45.5 Billion to Top 5G Spectrum Bidders, by Drew FitzGerald
Texas Electric Bills Were $28 Billion Higher Under Deregulation, by Tom MCGinty, Scott Patterson
CNBC
Gap to invest $140 million to build Texas warehouse as online sales swell, by Lauren Thomas
U.S. retail sales to rise 6.5% to 8.2% in 2021, as Covid vaccine triggers fastest economic growth in over two decades, NRF says, by Lauren Thomas
Reuters
Exclusive: U.S. airline CEOs to meet with White House on cutting carbon footprint, by David Shepardson, Jarret Renshaw, Tracy Rucinski
Nvidia sales surge as it struggles to keep gaming chips in stock, by Chavi Mehta, Stephen Nellis
News about business journalism
Haynes, retired deputy biz editor at Buffalo News, dies at 72
Quartz hires Asia reporter, Things reporter
Insider names Rose its executive editor for business
De Luna now covering energy for Houston Chronicle
Contino hired to cover housing, gentrification at Greenville News
BuzzFeed wins Polk for business journalism, NY Times wins financial
CNBC plans to replace “Squawk Alley” with “Tech Check”
Business Den hires Meade to cover government
WSJ reporters who wrote “Billion Dollar Whale” start content company