Some of Thursday’s top business news stories:
The Associated Press
UK unveils emergency budget amid big demands but little cash, by Danica Kirka and Sylvia Hui
CNN
NYC taxi fares expected to increase by 23% by the end of this year, by Zenebou Sylla
Elon Musk gives ultimatum to Twitter employees: Do ‘extremely hardcore’ work or get out, by Donie O’Sullivan and Clare Duffy
The Wall Street Journal
Amazon Confirms Corporate Staff Cuts That Could Hit 10,000 Employees, by Sebastian Herrera and Dana Mattioli
Elon Musk Recently Floated Possibility of Having a Successor at Tesla, a Board Member Says, by Rebecca Elliott and Meghan Bobrowsky
CNBC
Here’s why Home Depot and Lowe’s are booming in a housing market bust, by Diana Olick
Target warns of soft holiday quarter as profit tumbles and sales slow, by Melissa Repko
Reuters
J.P.Morgan predicts a mild U.S. recession next year
U.S. retail sales rise solidly; fourth-quarter GDP estimates raised, by Lucia Mutikani
News about business journalism:
What the WSJ might experience with a new editor in chief
S&P Global reporter Potter departs for a role in public affairs
Abdulla joins Reuters as UK correspondent
Insurance Post taps Hughes to serve as editor
Techdirt will stop embedding tweets
