OLD Media News

Talking Biz News – Jan. 26, 2022

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

Bloomberg hires Wakely as first UK national editor

Reuters names Pearson its European cyber correspondent

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