Talking Biz News – Jan. 25, 2022

Some of Tuesday’s top business news stories:

Associated Press

Fed to signal rate hike as it launches risky inflation fight, by Christopher Rugaber

DC, 3 states sue Google saying it invades users’ privacy, by Marcy Gordon

CNN

Meta is building an AI supercomputer, by Rachel Metz

The stock market is a ‘superbubble’ about to burst, top hedge fund manager warns, by Paul R. La Monica

The Wall Street Journal

Boeing Adds $450 Million to Air-Taxi Effort, by Doug Cameron

Ford Shuts Off Orders for New $20,000 Maverick Pickup, by Mike Colias

CNBC

Kohl’s shares surge as takeover offers emerge from suitors including Sycamore, by Lauren Thomas Leslie Picker

Fast-food value meals return to menus, but the deals aren’t as cheap, by Amelia Lucas

Reuters

Logitech reports 2% decline in quarterly sales; raises outlook

IBM marks strong start to new chapter as cloud revenue booms, by Chavi Mehta

News about business journalism 

Dow Jones union settles unfair labor complaint against company

Observer hires Quartz’s Staley as senior business editor

WSJ hires Gershkovich to cover Russia biz and economy

Reuters hires Toyoda as its Japan bureau chief

Sifted’s Stothard departs for venture capital firm

Insider senior editor Thompson departs

Insider promotes Rodriguez to media editor

Sifted promotes Warnock to deputy editor

WSJ taps Wolfe as consumer trends reporter

Luxmoore joins WSJ as Moscow-based reporter

Parenti named editor on Bloomberg’s DC breaking news team

Professional Pensions deputy editor Phillips set to exit

Insider taps Mahal as distribution editor

FT-backed Sifted names Lewin editor