Talking Biz News – Jan. 27, 2022

Some of Thursday’s top business news stories:

Associated Press

How Fed hikes could affect mortgages, car loans, card rates, by Christopher Rugaber

Tesla posts record profit, won’t produce new models in 2022, by Tom Krisher

CNN

Rents rose five times faster in 2021 than 2020, by Anna Bahney

It sure looks like GM is about to pull the plug on the Bolt, by Chris Isidore

The Wall Street Journal

Facebook’s Cryptocurrency Venture to Wind Down, Sell Assets, by Peter Rudegeair, Liz Hoffman

Boeing Reports Loss as 787 Charges Mount, by Andrew Tangel, Doug Cameron

CNBC

IMF sees potential for further market turbulence as central banks hike rates, by Karen Gilchrist

Los Angeles bans new oil and gas wells and will phase out old ones over five years, by Emma Newburger

Reuters

U.S. crop insurance payouts rise sharply as climate change worsens droughts, floods, by Leah Douglas

Intel posts record quarterly revenue, sees supply strains through year, by Jane Lanhee, Chavi Mehta

News about business journalism 

Pallini departs Business Insider for new opportunity

Chang joins STAT as editorial director

Bloomberg taps Kelly for new role on markets team

Property Week appoints Morgan finance and data editor

Insider hires Epstein to cover breaking news

WSJ promotes Lieber to correspondent for Israel and Palestinian territories

dotLA hires Hetrick to cover entertainment tech and startups

Sunderland appointed group biz editor at Daily Mail

Bloomberg’s Shaw to cover financial regulation in London

Cheddar founder Steinberg leaving company

Weinberger joining WSJ as national security editor

WSJ wins IRE’s Phil Meyer Award