Some of Wednesday’s top business news stories:
The Associated Press
JPMorgan profits drop 42%, bank writes off Russian assets, by Ken Sweet
CNN
iPhone supplier Pegatron suspends production at two factories in China, by Michelle Toh
The Wall Street Journal
Grocers Push Through Inflation, Passing Higher Prices to Shoppers, by Jaewon Kang
Etsy CEO Josh Silverman Stands by Strategy of Competing With Amazon, by Charity L. Scott
CNBC
As Goldman raises its electric vehicle forecast, analysts pick their top stocks to cash in, by Lucy Handley
The race to roll out ‘super-sized’ wind turbines is on, by Anmar Frangoul
Reuters
Elon Musk is sued by shareholders over delay in disclosing Twitter stake, by Jonathan Stempel
Google to invest $9.5 bln in U.S. offices, data centers this year
News about business journalism:
The Information hires Holmes to cover enterprise tech
Bloomberg taps Beyoud to cover SEC and CFTC
Grover rejoins Reuters as European pharma correspondent
BizTimes Milwaukee names Thomas managing editor, Meyer associate editor
The Verge taps Shapiro as lead reporter of “Hot Pod”
Chicago Tribune hires Soglin as business reporter
Bloomberg’s Shankar joins NY Times as senior staff editor
LA Times hires WSJ’s Sender as director of data and graphics
The Points Guy makes two new hires
Adweek expands podcast investment
