Some of Wednesday’s top business news stories:
Associated Press
UK competition watchdog orders Facebook to sell off Giphy, by Kelvin Chan
Powell’s warning: Fed to tighten credit faster than expected, by Christopher Rugaber
CNN
European inflation hits 24-year high as energy prices surge, by Wale Azeez
Home prices jumped 19.5% in September, by Anna Bahney
The Wall Street Journal
Twitter Bans Sharing of Private People’s Photos, Videos Without Consent, by Allison Prang, Deepa Seethamaran
Omicron Variant Starts to Hit Travel, Business Flights and Events, by Benjamin Katz, Jenny Strasburg
CNBC
Auto executives say more than half of U.S. car sales will be EVs by 2030, KPMG survey shows, by Michael Wayland
Cyber Monday online sales drop 1.4% from last year to $10.7 billion, falling for the first time ever, by Lauren Thomas
Reuters
Global airlines prepare for Omicron-induced volatility, by Jamie Freed, Rajesh Kumar Singh
Rising inflation, relentless pandemic dampen U.S. consumer confidence, by Lucia Mutikani
News about business journalism
Wirecutter raises $42,000 for workers who went on strike
Holmes: I “mishandled” process of WSJ reporting on Theranos
Bloomberg TV on-air reporter Hurtado departs
Austin Biz Journal hires Chmais to cover retail and restaurants
Witherden hired by Which? Money as a journalist
WSJ taps Brown to cover tech, create YouTube channel
Jarvis to cover pharma for Bloomberg Opinion
The Real Deal hires Sullivan as senior editor
Yahoo Finance hires Semenova to cover markets
Birmingham Biz Journal hires Parker to cover commercial real estate
