OLD Media News

Talking Biz News – April 11, 2022

Some of Monday’s top business news stories:

Associated Press

Elon Musk no longer joining Twitter’s board of directors

Once a retail giant, Kmart down to 3 stores after NJ closing, by David Porter

CNN

Bad news for banks: Rates are rising fast, by Paul R. La Monica

From Pakistan to Peru, soaring food and fuel prices are tipping countries over the edge, by Julia Horowitz

The Wall Street Journal

Gas Price Surge Fuels Fights at FedEx, Uber Over Who Will Pay, by Paul Ziobro and Preetika Rana

JetBlue, Alaska Trim Schedules as Airlines Attempt Smoother Summer, by Alison Sider

CNBC

Denver over Dubai: U.S. airports dominate rankings of world’s busiest last year, by Leslie Josephs

Oil drops, Brent crude falls below $100 as China lockdowns spark demand fears, by Pippa Stevens

Reuters

Fed to raise rates aggressively in coming months, say economists, by Indradip Ghosh and Prerana Bhat

Canada’s Shopify announces 10-for-1 stock split

News about business journalism:

STAT News hires DeAngelis to cover VC and biopharma startups

Insider hires David to cover venture capital

CNBC hires Lombardo for “The Exchange” and “Power Lunch”

Insider hires Chittum to cover crypto

Mullin, Peters to cover media beat for NY Times

Dow Jones’ New York office returning to full capacity, but voluntary

Dallke named national editor for American Inno

FT’s White wins Wiegold Prize

Morning Brew reporter Forshee departs

WSJ’s Carpenter: Spend all day learning about everything

Why The Information is covering the creator economy

Business Post taps Taylor as tech and innovation editor

Wired hires Reddick as UK science editor

CNN promotes Toh to reporting and writing role

Fortune promotes Lev-Ram to editor at large

Barron’s hires Bloomberg Opinion tech columnist Kim

Mariam Ahmed

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