Some of Thursday’s top business news stories:
The Associated Press
New Zealand hands out extra cash to fight ‘inflation storm’, by Nick Perry
World shares sink after inflation driven retreat on Wall St, by Elaine Kurtenbach
CNN
China tries to make nice with Big Tech as economic challenges mount, by Laura He
Scared investors haven’t hoarded this much cash since 9/11, by Julia Horowitz
The Wall Street Journal
Investors Protest Executive Pay at JPMorgan, Intel and Coca-Cola, by Theo Francis
Target, Walmart Earnings Selloff Puts Retailers’ Inflation Pains on Display, by Suzanne Kapner, John Stensholt and Orla McCaffrey
CNBC
Tesla whale calls for $15 billion stock buyback after share price craters, by Sam Shead
Reuters
Analysis: Crypto crash leaves El Salvador with no easy exit from worsening crisis, by Nelson Renteria, Sarah Kinosian and Rodrigo Campos
China’s zero-COVID policy dashes global hopes for quick economic return to normal
News about business journalism:
Plumb, former Automotive News reporter and editor, dies at 97
Fox Business website has record multiplatform views in April
Bloomberg’s Krader moving to London to cover food
Constantz to cover future of work for Bloomberg News
WSJ hires Lukpat as a breaking news reporter
Pennell moves from NY Times biz desk to live desk
Nikkei Asia promotes Regalado to Bangkok correspondent
New York Times hires Shah from Quartz
