Some of Monday’s top business news stories:
Associated Press
Musk under fire again: CEO to testify over Tesla acquisition, by Tom Krisher
California and other parts of the West broil and burn, by Christopher Weber
CNN
Inflation is rising but the reasons why are changing, by Anneken Tappe, Hanna Ziady
Restaurant workers are quitting in droves. That might not change anytime soon, by Danielle Wiener-Bronner
The Wall Street Journal
Richard Branson’s Virgin Galactic Flight Opens Door to Space Tourism, by Micah Maidenberg, Doug Cameron
Earnings Kick Off With Sky-High Forecasts, Record Stock Market, by Karen Langley
CNBC
Nordstrom buys stake in four apparel brands owned by U.K. fashion house Asos, in bid for younger shoppers, by Lauren Thomas
Biogen stock falls after FDA calls for federal investigation into Alzheimer’s drug approval, by Berkeley Lovelace Jr.
Reuters
Multinationals tax shift unlikely until 2022, says Yellen, by David Lawder, Gavin Jones
Big insurance companies launch net-zero climate alliance
News about business journalism
WSJ reporter Gold joining Texas Monthly
Quartz’s Bell on business journalism: Interest of readers is paramount
Express names Sheldon acting personal finance editor
WSJ editor: We will continue to cover big New York stories
MarketWatch taps Bloomberg’s Chen to cover rates and currencies
NBC News hires Childers as executive editor for business, tech and media
Private Debt Investor hires Haley as reporter
Fallor joins Dealreporter as senior antitrust reporter
WSJ’s Brody departing to freelance
WBJ hires Hamilton as reporter
