Some of Tuesday’s top business news stories:
Associated Press
Fed to discuss a pullback in economic aid with inflation up, by Christopher Rugaber
Business travel stirs, but many road warriors stay grounded, by David Koenig
CNN
Tesla reports record quarterly earnings, blowing past Wall Street’s expectations, by Chris Isidore
Goldman Sachs slashes US economic growth forecast over weaker spending on services, by Anneken Tappe
The Wall Street Journal
Hasbro Stocks Up on Toys to Work Around Shipping Constraints, by Dave Sebastian
Big Oil Companies Push Hydrogen as Green Alternative, but Obstacles Remain, by Sarah McFarlane
CNBC
Housing boom is over as new home sales fall to pandemic low, by Diana Olick
Consumer losses due to Covid-related fraud top $500 million, by Greg Iacurci
Reuters
Intel to build Qualcomm chips, aims to catch foundry rivals by 2025, by Stephen Nellis
OxyContin maker Purdue’s creditors vote in favor of bankruptcy plan
News about business journalism
NY Times hiring of Coy is for newsletter project
WSJ reporter Chapman to cover education
WBJ taps Perron to cover banking and finance
ALM hires Catts as Georgia bureau chief
Dallas Biz Journal hires Brewer to cover Fort Worth real estate
Tech news site Futurism has been acquired
Blint-Welsh leaving WSJ for Coinbase
