Some of Friday’s top business news stories:
The Associated Press
Gas prices sting US workers who depend on their cars, by Dee-Ann Durbin
CNN
Elon Musk says he’s worried about keeping Tesla out of bankruptcy, by Chris Isidore
Netflix lays off 300 employees as bad year continues to hit company, by Frank Pallotta
The Wall Street Journal
Stock Futures Rise as Rate-Hike Expectations Cool, by Anna Hirtenstein
As Gas Prices Climb, Some Companies Pay for Workers to Fill Up, by Kathryn Dill
CNBC
McDonald’s simplifies franchising policies to attract more diverse candidates, by Amelia Lucas
Education Department agrees to cancel $6 billion in debt for some 200,000 student loan borrowers, by Annie Nova
Reuters
H&M closes Shanghai flagship store, hurt by lockdowns and consumer backlash
Chances of global recession nearing 50% -Citigroup
News about business journalism:
Cincy Biz Courier promotes Demeropolis to managing editor
Titus, Bloomberg editor, departs
Politico reporter Levy departing for new opportunity
News & Observer biz reporter Dolder moving to politics
Politico names Summer 22 interns
Wired hires Mullin to cover biotechnology
Dulaney returns to WSJ as markets reporter in London
Bloomberg Law hires reporter Wise
Denver Biz Journal hires Wentling to cover technology
