Some of Tuesday’s top business news stories:
The Associated Press
New US hospitals face fiscal crisis over COVID relief money, by Jay Reeves
Musk: Doubt about spam accounts could scuttle Twitter deal
CNN
Top dealmaker says Chinese markets are ‘close to the bottom’, by Michelle Toh
Stocks could fall a lot further, by Paul R. La Monica
The Wall Street Journal
Disney Vows to Show Very Few Commercials on Ad-Supported Disney+, by Suzanne Vranica and Joe Flint
Walmart Earnings Are Dented by Higher Costs, by Sarah Nassauer
CNBC
Home Depot raises full-year outlook after earnings beat, record first-quarter sales, by Amelia Lucas
Reuters
Tesla stops taking orders for Cybertruck outside North America
UK unemployment hits 48-year low, pushing up pay, by David Milliken and William Schomberg
News about business journalism:
LA Business First hires Sami to cover commercial real estate
Shah to cover leveraged finance for Bloomberg
Brown returns to Axios to cover the Fed and economy
Udland returns to Yahoo Finance as senior markets editor
WSJ hires Turner to be VP of training, culture and community
Fortune hires Ventresca as senior audience editor
WSJ taps Nelson to be editor of Exchange
NYU biz journalism students earn summer internships
SmartBrief senior editor daSilva set to depart
The Wrap hires Katz to cover TV industry
Bloomberg hires Akman to cover Turkish economy
Business Insider hires Johnston as weekend business editor