Some of Friday’s top business news stories:
The Associated Press
T-shirts? Ice cream? Retailers cash in on Juneteenth, by Anne D’Innocenzio
AP Interview: Biden says a recession is ‘not inevitable’, by Josh Boak
CNN
Elon Musk addresses layoffs, remote work and ‘free speech’ during his first meeting with Twitter employees, by Clare Duffy and Donie O’Sullivan
Stocks tumble after Fed takes historic action on inflation
The Wall Street Journal
Tesla Raises Prices Amid Surging Costs, by Will Feuer
Amazon CEO Andy Jassy’s First Year on the Job: Undoing Bezos-Led Overexpansion, by Dana Mattioli
CNBC
Everyone knows inflation is on fire. This is what’s really fueling it, by Jeff Cox
Airline stocks tumble as economic concerns overshadow travel surge, by Leslie Josephs
Reuters
Tesla investor sues Musk, board over accusation of workplace discrimination
Oil rises on tight supply though interest rate hikes weigh, by Bozorgmehr Sharafedin
News about business journalism:
Pensions & Investments hires Kolker as audience development editor
Press York biz editor Jefferson-Brown set to leave
Roush pens new book on business journalism
“The Future of Business Journalism” book launch party – You’re invited!
CNN Business expands Nightcap franchise
Politico hires Ng to cover tech policy
CoinDesk promotes Ashraf to managing editor of companies/business