Media Moves and News

Talking Biz News Today — Feb. 24, 2021

February 24, 2021

Posted by Irina Slav

Some of Wednesday’s top business news stories:

Associated Press

New or used? Either way, price hikes squeeze US auto buyers, by Tom Krisher, Mike Householder

California governor signs $7.6 billion stimulus package, by Adam Beam

CNN

GameStop CFO resigns a month after the Reddit trading frenzy, by Clare Duffy

Oprah-backed Oatly just made a move to go public, by Danielle Wiener-Bronner

The Wall Street Journal

Covid-19 Shopping Makes Card Fees a Bigger Burden for Merchants, by AnnaMaria Andriotis

Facebook’s Tussle With Australia Over News Is Just the Beginning, by Jeff Horwitz, Sarah E. Needleman

CNBC

Home Depot tops estimates as sales surge 25%, but shares fall on worries pandemic gains won’t last, by Melissa Repko

U.S. supply of Covid vaccine to substantially increase next month, manufacturers tell Congress, by Will Feuer

Reuters

Hyundai Motor to replace battery systems in $900 million electric car recall, by Heekyong Yang, Joyce Lee

Lucid Motors CEO aims to launch Tesla Model 3 rival in 2024 or 2025, by Hyunjoo Jin, Joshua Franklin

News about business journalism

Insider hires Greenburg as a features writer

The Points Guy hires Ruiz as credit card editor, Shon as reporter

Business Insider’s Slotnick to join The Points Guy as senior aviation reporter

WSJ, Yahoo Sports, KC Star launch Howard U. scholarship

Bloomberg reporter Nix to cover Facebook, social media companies

Reuters parent to reshape corporate structure due to pandemic

Rega departing Politico Europe for Brunwsick

Bloomberg social media reporter Frier moving to senior role

Dry named Sunday biz editor at NY Times

Adweek hires Stenberg to cover the media industry

Carlos hires to cover minority entrepreneurs for Minneapolis/St. Paul Biz Journal

Quartz hires Mureithi to cover East Africa

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