Some of Wednesday’s top business news stories:
The Associated Press
Global shares decline on interest rate, recession worries, by Yuri Kageyama
China’s export growth sinks in August, imports shrink, by Joe McDonald
CNN
What to expect at Apple’s ‘far out’ iPhone 14 event, by Catherine Thorbecke and Samantha Murphy Kelly
As China’s economy slows, one industry is seeing record profits: Covid testing, by Laura He
The Wall Street Journal
Elon Musk and Twitter Trade Barbs at Wide-Ranging Hearing, by Sarah E. Needleman
Volkswagen to List Porsche in One of Biggest IPOs in Years, by William Boston
CNBC
Lowe’s chief marketing officer leaves the company as part of broader shakeup, by Melissa Repko
U.S. travelers are getting bigger discounts in much of Europe amid favorable euro-dollar exchange rate, by Greg Iacurci
Reuters
Teamsters union launches new division for Amazon employees
Apple to appeal Brazil sales ban of iPhone without charger
News about business journalism:
Jackson joins Reuters as a breaking news correspondent
FT names Hook its natural resources editor
Warren moving to tech coverage at BuzzFeed
The Block hires Preiss as Europe policy reporter
MarketWatch.com hires Huggins as a reporter
CNBC hires Kinery as a White House reporter
MarketWatch.com hires Peters as a reporter
Retail Leader hires Perrett as editor
Mehta joins Reuters’ South Asia breaking news hub
FT hires Wingate to cover auto and home insurance
Wong joins Thomson Reuters to cover Asia’s legal markets
The Block appoints Wilhelm policy and regulatory editor
