Some of Wednesday’s top business news stories:
The Associated Press
Instagram hides some posts that mention abortion, by Amanda Seitz
Asian shares track Wall St drop as inflation fears drag on, by Elaine Kurtenbach
CNN
Disney CEO Bob Chapek gets new three year contract, by Frank Pallotta
Pinterest CEO steps down, Google executive to take over in e-commerce push
The Wall Street Journal
FedEx’s New Boss Faces Strategic Choice as Package Volumes Fall, by Esther Fung
Tesla Lays Off Some Staff in Closing San Mateo, Calif., Office, by Rebecca Elliott
CNBC
Airbnb makes its party ban permanent, by Jessica Bursztynsky
Fight for Spirit Airlines goes down to the wire with competing bids from Frontier and JetBlue, by Leslie Josephs
Reuters
U.S. power companies face supply-chain crisis this summer, by Scott Disavino
UK economy faces double threat of inflation surge, recession risk, by William Schomberg and Andy Bruce
News about business journalism:
Gehan to cover retail for Business Insider
CNBC.com hires Min, Vanian, promotes Grant to deputy personal finance editor
Reuters hires Levy to cover corporate governance
FedScoop hires Krishan as a tech reporter
Bascobert, former Gannet CEO, named president of Reuters
Lienhard joins Law360 as a general assignment reporter
Neman moves to retail beat at St. Louis Post-Dispatch
TechCrunch taps Sawers to cover U.K. and European startups
The Block hires Murray as senior reporter
On Press Profiles, a Faber retrospective: 30 years of rockin’ the ‘Sqwak’ on CNBC
WSJ hires Eberling to cover “death and taxes” beat
Politico hires Sisco to cover antitrust
