Some of Wednesday’s top business news stories:
Associated Press
US consumer confidence remains high after January downturn, by Matt Ott
California city approves 1st US insurance law for gun owners
CNN
Unilever cuts 1,500 management jobs in global overhaul, by Anna Cooban
Johnson & Johnson expects its Covid vaccine sales to surge — but still lag its rivals, by Chris Isidore
The Wall Street Journal
Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says, by Jos Zumbrun, Alex Leary
GE’s Sales Decline 3%, Hit by Supply-Chain Woes, by Thomas Gryta
CNBC
McKinsey calculates the staggering capital spending required to reach net-zero by 2050, by Emma Newburger
A more than $761 billion dilemma: Retailers’ returns jump as online sales grow, by Melissa Repko
Reuters
U.S. seeks more information from Tesla on distracted drive game probe, by David Shepardson
Texas Instruments forecasts upbeat revenue on strong chip demand
News about business journalism
WSJ wins IRE’s Phil Meyer Award
Insider hires Henderson to cover careers
Bloomberg taps Hunter as commodities trading reporter
PCMag promotes Donnell to editor-in-chief
Health care reporter Cancryn switches to White House team at Politico
Insider hires Landsbaum as deputy features editor
Boyd appointed EIC of Mashable
Insider promotes Santana to retail editor
Parisi to join Morning Brew as reporter
San Diego Biz Journal hires two new reporters
WSJ tech reporter Yang departs for LA Times
Chevron seeking a business reporter to write stories
