Some of Friday’s top business news stories:
The Associated Press
Report: Elon Musk plans to cut 75% of Twitter workforce
US heating worries mount amid growing costs, uncertainty, by David Sharp
CNN
US home sales fall for 8th month in a row in September, the longest slump since 2007, by Anna Bahney
Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets, by Catherine Thorbecke
The Wall Street Journal
Travel Demand Remains Strong, Airlines Say, by Alison Sider
AT&T Gives Upbeat Outlook as Consumers Splurge on Smartphones, by Dean Seal and Drew FitzGerald
CNBC
Movie theaters want more from Netflix, but the streaming giant isn’t ready to budge on its release model, by Sarah Whitten
Big bargains will dominate the holiday season, but shoppers may not be sold, by Melissa Repko
Reuters
Musk says recession could last until 2024
Pfizer expects to hike U.S. COVID vaccine price to $110-$130 per dose, by Michael Erman
News about business journalism:
Roach departing Protocol for a new opportunity
CNBC’s Pisani on how financial journalism has changed
Ho hired by ARTNews to cover business of the art industry
Politico hires Reorg’s Loeffler to run its pro business
Bloomberg Radio has hired Adams as a host
What readers told the FT about its newsletters
Bloomberg promotes Moran to deputy editor of muni team
Washington Post hires FT’s Kommenda