Some of Wednesday’s top business news stories:
The Associated Press
Dubai International Airport, world’s busiest, on track to beat 2019 figures before virus lockdowns, by Jon Gambrell
Japan’s economy sinks into contraction as spending, investment decline, by Yuri Kageyama
CNN
Insider changes back to its former name as Henry Blodget leaves CEO role, by Jordan Valinsky
Dow soars nearly 500 points as new data shows inflation continues to cool, by Krystal Hur
The Wall Street Journal
Walgreens Wants the Corner Drugstore to Be an Online Delivery Hub, by Liz Young
Several GM Factories Reject UAW Deal, Putting Pact on Shaky Ground, by Nora Eckert and Mike Colias
CNBC
Home Depot says the worst of inflation is over — that could be good news for retailers and shoppers, by Melissa Repko
Elon Musk says SpaceX should receive clearance to attempt second Starship launch this week, by Michael Sheetz
Reuters
Amazon tacks on new Buy With Prime features ahead of peak holiday shopping, by Arriana McLymore
Pfizer to cut 500 jobs at UK site as part of wider cost cuts
News about business journalism:
Dallas Morning News real estate reporter Parton departs
Quartz senior reporter Fernholz departs
Business Insider names Johnston senior editor, weekdays
CEO Peng’s note on returning to Business Insider name
Peng replacing Blodget as Business Insider CEO