Some of Wednesday’s top business news stories:
Associated Press
Tenn. Nissan plant to close for 2 weeks due to chip shortage, by Tom Krisher
Parched Mendocino, California, implores guests to save water, by Olga R. Rodriguez Haven Daley
CNN
Inflation wiped out America’s pay raises, by Tami Luhbi
Tesla sales cratered in China, but investors don’t seem to mind, by Chris Isidore
The Wall Street Journal
Mystery Builds Over Who Is Buying Millions of Cellphone Lines, by Drew FitzGerald
Millions of Americans Are Unemployed Despite Record Job Openings, by Ana Rivas, Danny Dougherty
CNBC
More than $600 million stolen in what is likely to be one of the biggest cryptocurrency thefts ever, by Arjun Kharpal
Ethan Allen CEO says he expects furniture production backlogs to be resolved in four to six months, by Pia Singh
Reuters
Pay cut: Google employees who work from home could lose money, by Danielle Kaye
Pfizer shares hit record high with COVID-19 vaccine stocks on a tear, by Lewis Krauskopf, Sinead Carew
News about business journalism
Pacific Business News senior editor Meierdiercks departs
Bloomberg Media hits 325,000 paid subscribers
Bloomberg tax journalist Erb on finding stories
Forbes tech writer Silverman set to depart
Insider Media promotes Ribbeck to the post of editor
FT taps Brackenrich as senior U.S. engagement editor
Economics editor Kearns departs Bloomberg