Some of Wednesday’s top business news stories:
The Associated Press
Car guy Biden to tout electric vehicles at Detroit auto show, by Colleen Long and Tom Krisher
Driven by consumers, US inflation grows more persistent, by Christopher Rugaber
CNN
Railroad strike, and the economic damage it would cause, looms closer, by Chris Isidore and Vanessa Yurkevich
Dow tumbles as America’s prices keep rising
The Wall Street Journal
Amazon to Fund Raises for Delivery Drivers Amid Tight Labor Market, by Dana Mattioli
Twitter Investors Back Musk’s Takeover Bid After Whistleblower Testifies in Congress, by Alexa Corse and Sarah E. Needleman
CNBC
Warner Bros. Discovery CFO calls company’s HBO Max and Discovery+ ‘underpriced,’ suggesting price hikes may be coming, by Alex Sherman
Starbucks hikes long-term financial forecast as it unveils reinvention plan, by Amelia Lucas
Reuters
Moderna open to supplying COVID vaccines to China, CEO says
Google loses challenge against EU antitrust decision, wins 5% fine cut, by Foo Yun Chee
News about business journalism:
Planet Money’s Corbett explains his TikTok strategy
CNBC hires Harring as a reporter on the markets team
NerdWallet generates traffic (but not profits) by focusing its content
Moses returns to media reporting for Business Insider
Bloomberg Media is expanding its DC operations
Witley joins Bloomberg Law as a reporter
WSJ’s Stewart joining CNN in Asia
