Some of Friday’s top business news stories:
Associated Press
Desperate for workers, US restaurants and stores raise pay, by Christopher Rugaber
Disney Q2 revenue drops on continued weakness in parks, by Mae Anderson
CNN
Chips are in short supply. Manufacturers are spending big to prevent a repeat, by Diksha Madhok
Bitcoin’s crash is very bad news for other cryptos, by Julia Horowitz
The Wall Street Journal
Airbnb’s Bookings Improve, Revenue Recovers, by Maria Armental
Business Leaders Push for Infrastructure Deal, Minus the Corporate Tax Hikes, by Alex Leary, Emily Glazer
CNBC
SpaceX reveals first orbital Starship flight plan, launching from Texas and returning near Hawaii, by Michael Sheetz
Cruise expects GM to begin production of new driverless vehicle in early 2023, by Michael Wayland
Reuters
U.S. judge dismisses advertisers’ antitrust claims against Google, by Paresh Dave
Fisker finalizes deal with Foxconn to make EVs in U.S. starting in 2023, by Ben Klayman
News about business journalism
SF Chronicle hires Quartz’s Kopf to be its data editor
Tech editor Murphy is leaving Lifehacker
Tech reporter Leskin departs Insider
Albuquerque Biz First names Nichols its editor
Milwaukee Journal Sentinel wins National Headliner award for business coverage
Going from tech reporter to VC
WSJ hires Yu as a reporter in Hong Kong