Some of Tuesday’s top business news stories:
The Associated Press
Australia central bank lifts cash rate to 2.35% in 5th hike, by Rod McGuirk
Asian stocks mixed after China promises to boost growth, by Joe McDonald
CNN
OPEC agrees to cut production after oil price slump, by Mark Thompson
One of the biggest strikes in US history is brewing at UPS, by Chris Isidore
The Wall Street Journal
Apple’s Priciest iPhones Take Center Stage as Industry Smartphone Sales Decline, by Tim Higgins
Instagram Fined $402 Million in EU for Allegedly Mishandling Children’s Data, by Sam Schechner
CNBC
CVS to buy home health giant Signify Health for about $8 billion, by Leslie Josephs
Comcast executives expect Disney to stick to its agreement to acquire the remaining stake in Hulu, by Alex Sherman and Lillian Rizzo
Reuters
UK shoppers, feeling the inflation hit, cut back on non-essentials, by Humza Jilani
Inside Tesla’s drive to keep Musk’s battery promise, by Norihiko Shirouzu and Paul Lienert
News about business journalism:
Press Democrat hires Edwards as business reporter
Bloomberg hires Bainbridge to cover pension industry
The Deal appoints Terrarosa head of sector coverage
San Fran Biz Times adds three to newsroom
Puget Sound Biz Journal has Basnet as a data reporter
Law360 hires Marfin to cover state and federal courts in Houston
Capoot joins CNBC as a full-time reporter
