Some of Thursday’s top business news stories:
The Associated Press
US not yet in recession and 4 other takeaways from the Fed, by Christopher Rugaber
CNN
FTC files to block Facebook-parent Meta from buying a VR company, by Clare Duffy, Rachel Metz and Brian Fung
Facebook parent posts first revenue decline as a public company, by Clare Duffy
The Wall Street Journal
JetBlue Nears Deal to Buy Spirit, by Cara Lombardo and Alison Sider
‘Make Instagram Instagram Again’: The App’s Evolution Is Causing Users to Question Its Future, by Cordilia James and Maddie Ellis
CNBC
Ford beats expectations and raises dividend as company sells more of its top models, by John Rosevear
Best Buy cuts its outlook, joining other retailers as inflation pressures shoppers, by Melissa Repko
Reuters
Barclays profit marred by $2 billion cost of blunders, by Lawrence White and Iain Withers
News about business journalism:
Washington Post hires Grist’s Osaka to cover climate
Bloomberg adds three to editing ranks
Bloomberg hires Starr to be global business editor
Bloomberg Law hires Gilbert to cover employment discrimination
Business of Fashion’s Mondalek departs for McKinsey
Chicago Biz Journal hires Zorn as a reporter
Canadian Press biz reporter Marowits departs
CBS Stations hires Quraishi as national consumer correspondent
