Some of Wednesday’s top business news stories:
The Associated Press
Scientists warn of dire effects as Mediterranean heats up, by Ciarán Giles and Ilan Ben Zion
Soaring food and energy costs drive UK inflation to 10.1%
CNN
More Americans are relying on credit cards. That could be very costly, by Matt Egan
Warren Buffett is still betting on America’s economy, by Julia Horowitz
The Wall Street Journal
Amazon Workers File to Hold Union Election in Upstate New York, by Sebastian Herrera
Elon Musk Tweets He’s Buying Manchester United, Then Calls It a Joke, by Robert Wall
CNBC
Dept. of Ed cancels $3.9 billion in student debt for over 200,000 borrowers—here’s who qualifies, by Morgan Smith
Walmart CEO Doug McMillon says even wealthier families are penny-pinching, by Melissa Repko
Reuters
Exclusive: China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe
Oil slips to six-month low as recession fears weigh, by Alex Lawler
News about business journalism:
Cincinnati Biz Courier hires Miller as commercial real estate reporter
NBCU executive Sullivan to take on running CNBC
Fortune hires Vanham as executive editor for Fortune Connect
Manno joins Times-Union as biz reporter
NPR’s Childs on reporting on the rich and powerful
S&P Global deputy ME Hallam moves to IHS Market
TechCrunch hires Loconsolo as podcast producer
WSJ hires Barberia as social media editor
Green Market Report hires three new staffers
CNBC chairman Hoffman stepping down after 17 years running network
Garza hired as endowed business journalism professor at Illinois
Spindle joins Semafor to cover climate and energy
Boak joins The Lawyer as deputy news editor
