Some of Wednesday’s top business news stories:
Associated Press
Biden pushes electric vehicle chargers as energy costs spike, by Aamer Madhani, Tom Krisher
Defying inflation, Americans ramped up spending last month, by Christooher Rugaber, Anne D’Innocenzio
CNN
Wall Street bonuses are set to surge at least 20% this year, by Paul R. La Monica
America is in a never-ending housing boom. Home Depot is reaping the rewards, by Paul R. La Monica
The Wall Street Journal
Walmart Raises Forecast and Says Shelves Are Stocked for Holiday Shoppers, by Sarah Nassauer
GE Pounces on Surging Healthcare Demand With Spinoff, by Georgi Kantchev
CNBC
EV start-up Lucid’s market value blows past Ford at more than $89 billion as shares skyrocket, by Michael Wayland
Pfizer submits FDA application for emergency approval of Covid treatment pill, by Spencer Kimball
Reuters
Fed’s inflation debate heats up as Biden nears Fed chair pick, by Ann Saphir, Jonnelle Marte
Yellen extends U.S. default deadline to Dec. 15 after highway payment, by David Lawder
News about business journalism
Ong departs Bloomberg for ABC in Sydney
Axios hires Collings to cover retail
Bloomberg’s Mehrotra joins ProPublica to cover immigration and labor
Politico Europe names new editorial leadership
Utility Week taps Buddoo as head of content
Telegraph appoints Mustoe as industry editor
Markets Insider signs deal to boost revenue, increase load times
NBC 7 consumer reporter Hansen retiring
Leach to cover private equity for Bloomberg
