Some of Friday’s top business news stories:
The Associated Press
Fed lent $300B in emergency funds to banks in the past week, by Christopher Rugaber
Big banks create $30B rescue package for First Republic, by Ken Sweet
CNN
South Korea to build ‘world’s largest’ chip center with $230 billion investment from Samsung, by Juliana Liu, Yoonjung Seo and Gawon Bae
Global markets mixed as Credit Suisse accepts $54 billion lifeline, by Laura He and Anna Cooban
The Wall Street Journal
YouTube to Raise Prices on TV Offering, by Denny Jacob
TikTok CEO’s Message to Washington: A Sale Won’t Solve Security Concerns, by Stu Woo
CNBC
FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit, by Noah Sheidlower
Retailers see a tough year ahead, so they’re rolling out the recession playbook, by Melissa Repko
Reuters
SpaceX, Netflix, Boeing to join “biggest-ever” US business mission to Vietnam, by Francesco Guarascio
Amazon slams $265 mln tax order as it seeks to get EU appeal thrown out, by Foo Yun Chee
News about business journalism:
Pereira joins BNN Bloomberg as a chase producer
CNBC hires Ansari as senior VP of business transformation
Reuters hires Lombardi as an energy and climate reporter
S&P’s Weber leaving journalism after 27 years
Citywire appoints Wenik editor of Citywire RIA
Nobel Prize winner Ressa joins Intercept, Cosmo’s new staffer, NYT names Russia correspondent
WaPo launches subscription bundle in partnership with Headspace
Talking Biz News Today – March 16, 2023
