Some of Thursday’s top business news stories:
The Associated Press:
Fed: Sharply higher rates may be needed to quell inflation, by Christopher Rugaber
FAA to give airports $1 billion for terminals and upgrades
CNN
Apple plans new feature to protect journalists and human rights workers from spyware, by Sean Lyngaas
Red flag: Consumers are using Buy Now, Pay Later to cover everyday expenses, by Alicia Wallace
The Wall Street Journal
British Airways Slashes More Than 10,000 Flights Amid Industry Staffing Shortages, by Benjamin Katz
FDA Will Help Overseas Baby-Formula Makers Keep Selling in U.S. Beyond Shortages, by Stephanie Armour
CNBC
Peloton sweetens employee pay incentives as it fights to boost morale and stage a turnaround, by Lauren Thomas
Hulu is facing an existential crisis as Disney approaches a 2024 deadline to buy Comcast’s 33% stake, by Alex Sherman
Reuters
Shell boosts oil and gas asset value as refining soars, by Ron Bousso
News about business journalism:
Kaiser Health hires Chang from Miami Herald
Charlotte Observer biz reporter Smoot departs
FT investigative reporter Burgis is departing
SABEW Best in Business Book competition opens next week
Bloomberg Law hires Chutchian as deputy team leader
Personal finance reporter Lansat joins Morgan Stanley as content editor
“Mad Money with Jim Cramer” moving to NYSE
Real Deal promotes Sullivan to national managing editor
