Some of Friday’s top business news stories:
Associated Press
Supreme Court halts COVID-19 vaccine rule for US businesses, by Mark Sherman, Jessica Gresko
GoFundMe acquires nonprofit fundraising platform Classy
CNN
Mortgage rates are highest since March 2020, by Anna Bahney
Volkswagen falls further behind Tesla in the race to electric, by Charles Riley
The Wall Street Journal
Grocery Stores Cut Hours, Services as Omicron Infects Workers, by Stephen Council, Jaewon Kang
Inflation Surge Is on Many Executives’ List of 2022 Worries, by Thomas Gryta
CNBC
Soaring used car prices are pushing inflation higher, and there’s not much the U.S. can do about it, by Michael Wayland, Thomas Franck
Mastercard CEO says spending trends look ‘relatively positive’ so far in 2022 after strong holiday, by Kevin Stankiewicz
Reuters
U.S. venture capital deals notched all-time high of $330 billion in 2021
Biden looks to reshape Fed with historically diverse slate, by Andrea Shalal, Ann Saphir
News about business journalism
WSJ hires Matsuda to cover bankruptcy
WSJ names Kendall its law bureau chief
Law360 hires Son as an editor on the authorities desk
Bloomberg editor Pollak departs for investment manager
Harris joins Fortune as social media producer
Washington Post reprimands biz editor for tweet
Bloomberg hires Zhou to cover credit markets
Sugiyama joining Reuters as autos and mobility tech correspondent
Financial News promotes Kelley to deputy editor-in-chief
The Information taps Pasricha to cover VCs, startups and crypto