OLD Media News

Talking Biz News – Feb. 3, 2022

Some of Thursday’s top business news stories:

Associated Press

Shares of Facebook parent Meta plunge 23% on lower profits, by Barbara Ortutay

CNN president resigns after relationship with co-worker, by David Bauder

CNN

PayPal warns that consumer spending is about to fall sharply, by Paul R. La Monica

The restaurant business will probably never recover from Covid, by Vanessa Yurkevich

The Wall Street Journal

Consumers Are Pivoting Spending to Services Like Dining and Travel, by Harriet Torry

Qualcomm Posts Strong Earnings, as Demand for Chips Stays High, by Meghan Bobrowsky

CNBC

Biden administration urges against U.S. Postal Service plan to spend billions on gas vehicles, by Emma Newburger

Waste Management CEO touts ‘pretty darned robust’ 2022 outlook and dividend increase, by Kevin Stankiewicz

Reuters

Alphabet eyes $2 trillion value after blowout results, by Akash Sriram, Subrat Patnaik

Publicis bets on further growth in 2022 after digital ad boost

News about business journalism 

WSJ social editor Cromwell joins LinkedIn as engagement editor

Fortune taps Marioni to lead European news operation

Reuters names Savage as Africa senior markets correspondent

ACBJ launches Los Angeles Inno

FT names Williams Northern England correspondent

Politico health care editor Bettelheim leaves

Energy Monitor hires Gordon as correspondent

Thomson Reuters Foundation appoints Malone deputy editor-in-chief

BBC News biz reporter Corker departs for ITV News

Forbes promotes Voytko to senior entertainment reporter

Points Guy credit cards editor Ruiz departs

St. Louis Post-Dispatch biz columnist Nicklaus retires

Levine departs Politico for Forbes

USA Today hires Buchwald to cover personal finance and markets

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