Some of Thursday’s top business news stories:
The Associated Press
Credit Suisse shares soar after central bank aid announced, by Jamey Keaten and David McHugh
Yellen to tell Congress US banking system ‘remains sound’, by Fatima Hussein
CNN
The technology behind ChatGPT is about to get even more powerful, by Samantha Murphy Kelly
Key inflation measure shows wholesale prices fell last month, by Alicia Wallace
The Wall Street Journal
U.S. Threatens Ban if TikTok’s Chinese Owners Don’t Sell Stakes, by John D. McKinnon
Ryan Reynolds Sells Mint Mobile for $1.35 Billion to T-Mobile, by Will Feuer and Lauren Thomas
CNBC
Virgin Orbit pauses operations for a week, furloughs nearly entire staff as it seeks funding, by Michael Sheetz
Homebuilders say demand is rising, but they’re concerned about banking fallout, by Diana Olick
Reuters
US retail sales point to underlying strength in the economy, by Lucia Mutikani
News about business journalism:
Ackley joins Bloomberg as a reporter
Porzecanski named NY bureau chief at Bloomberg
Fortune nearly doubled pageviews in 2022
Bloomberg Government hires Sharpe as deputy team leader for newsletters
Bloomberg appoints Kane its Ottawa bureau chief
Reuters Breakingviews hires Daga as Asia columnist
CNBC names Constantino associate pharma reporter
S&P Global promotes Singh to digital content editor
Forbes hires Taran as a senior travel writer
Bloomberg reshuffles editorial, Chicago’s new TV anchor, Wednesday’s big media moves
Journalist Washington passes away
Stelter on how not to cover a bank run
Business Insider promotes Teh to news editor
Talking Biz News Today – March 15, 2023