Some of Wednesday’s top business news stories:
The Associated Press
Silicon Valley company raises $250M for hydrogen technology, by Jennifer McDermott
CNN
2023 layoff tracker: The latest on which companies have announced job cuts, by Jennifer Korn
Americans are getting worried about the job market, by Bryan Mena
The Wall Street Journal
Microsoft Revenue Growth Stays Low as Economic Concerns Hurt Demand, by Tom Dotan
Google Ad Revenue Drops for Second Straight Quarter, by Miles Kruppa
CNBC
Gap will cut more than 500 workers in latest layoffs, as struggling retailer tries to reduce costs, by Gabrielle Fonrouge
Bankers’ pitch to save First Republic: Help us now, or pay more later when it fails, by Hugh Son
Reuters
US consumer confidence hits nine-month low; housing market bottoming out, by Lucia Mutikani
Retailer Carrefour confident as Q1 sales growth accelerates, by Dominique Vidalon
News about business journalism:
Washington Post hires Quartz’s Shendruck
Decrypt promotes Elliott to markets editor
The Economist’s Fulwood on getting into business journalism
Luo to join Bloomberg as a rotational reporter
NY Times names bureau chief, LA Times’ new newsletter team member, four Messenger hires
Talking Biz News Today – April 25, 2023
Morning Brew hires Vinopal to cover HR
Politico hires King to cover Medicare and Medicaid
