Some of Monday’s top business news stories:
The Associated Press
Asian shares slip following broad decline on Wall Street, by Elaine Kurtenbach
EXPLAINER: How the strong U.S. dollar can affect everyone, by Stan Choe
CNN
Volkswagen targets 75 billion euro valuation in landmark Porsche IPO
British pound hits a 37-year low as UK economy skids, by Julia Horowitz
The Wall Street Journal
Home-Goods Retailers Jolted by Slowdown in Housing Market, by Harriet Torry and Jennifer Maloney
Electric Bills Soar Across the Country as Winter Looms, by Katherine Blunt and Jennifer Hiller
CNBC
Lunar tech company Intuitive Machines to go public via SPAC at close to $1 billion valuation, by Michael Sheetz
Why Ford is keeping its Mustang gas-powered as part of its electric vehicle push, by Michael Wayland
Reuters
Bitcoin falls below $19,000 as cryptos creak under rate hike risk
Shopify offers workers greater say in compensation structure to attract talent
News about business journalism:
The Wrap hires three new editorial staffers
Wilde to write crypto newsletter for Morning Brew
Reporter Saraiva joins economics team at Bloomberg
Quartz reporter Rivero leaves for Miami Herald
Brady joins Industry Dive as senior editor
Cohen swaps Modern Healthcare for GenomeWeb
MarketWatch.com social media editor Snow leaving for Washington Post
WSJ launches financial reporting fellowship with CUNY and NAHJ