Some of Wednesday’s top business news stories:
The Associated Press
Inflation weighs on back-to-school buying for many families, by Anne D’Innocenzio and Claire Savage
CNN
Airbnb says demand is soaring even amid economic uncertainty, by Sara O’Brien
Starbucks sales falter in China because of Covid restrictions, by Danielle Wiener-Bronner
The Wall Street Journal
Starbucks Hit by Higher Costs for Wages and Supplies, but U.S. Demand Is Strong, by Heather Haddon
Gas Prices Have Fallen for 49 Straight Days, Approach $4 a Gallon, by Joseph De Avila and Lauryn Azu
CNBC
Ford stock notches its best month since the Great Recession — and keeps rising, by Michael Wayland
Mall owners say retailers are still opening stores in spite of recession fears, by Lauren Thomas
Reuters
Boeing defense workers to vote on revised contract offer, by David Shepardson
New York Times forecasts weak advertising revenue
News about business journalism:
Forbes hires investment bank to explore sale
Ex-Politico reporter launches food industry publication
Sutton to co-author Politico’s “Morning Money” newsletter
STAT News taps Facher as addiction reporter
Jones joins Albuquerque Biz First as senior reporter
The Telegraph taps Warrington to cover real estate
The Markup hires Wei as editor in chief
